Bitcoin displayed on a 4 hour chart with multiple support/resistance levels drawn based on trend change of LMA (0.886). Yellow are changes from the Daily chart, Blue are 4 hour. We see the obvious bounce off the 4 hour level at price $485.00, coincidentally it met with support in the fashion of a pitchfork -1.618 level. Short term we may see demand push price up to the resistance levels of the -1.00,-0.50 or even the Midpoint of the pitchfork. This would be followed by a bearish turn back to meet the Daily support or $462.
