BTC Update #BTC_Update What's new since the last update my d | CRYPTO TRADING VIP CHANNELS

BTC Update #BTC_Update

What's new since the last update my dear community? Well BTC briefly passed the 52000 level in the previous session without however managing to close clearly above the 50000.

The trading volume in the previous session was once again below its average level, which is not necessarily good news.

The daily technical situation is now rather neutral with a WaveTrend that has already given a buy signal and a MACD that has still not crossed upwards. Over a 4-hour time horizon, the indicators are negative.

What can be done?

At the time of writing, BTC has lost its support zone between 49000 and 50000, which does not bode well for the future. As long as BTC does not close above the 50000-52000 with more conviction, no long position.

https://www.tradingview.com/x/F74DX1ur/

In the meantime, remain cautious, I wish you all a great day!