Yesterday Bitcoin broke through the $4100 level and out of the highlighted consolidation zone. However sold off into the $4040 level and the trendline support. If this level holds as support this move could have been a stop sweep for further liquidity before the next leg higher into the $4200 region. If we lose the current support the downside $3950 and possibly $3800 levels could be met next. I recommend waiting for a 4H candle closure above the $4040 pivot if you looking for a long position.