#TeamLogos BTC Update 1 Jul What's new since the last update | Logos Signals 🔱

#TeamLogos BTC Update 1 Jul

What's new since the last update guys? BTC is now trading at the bottom of its support zone around 33400.

The technicals remains positive for now but we can already see some signs of bearish bends on the WaveTrend. On a 4 hour time frame, the indicators are negative.

The trading volume in the previous session was below its average level which continues its steady decline from the June 26 low. As you know, it is never good to see prices rise and volume fall.

Action Plan

Still not much to do now unfortunately. It looks like BTC is once again heading towards the 30k level, but it's not certain. As long as we are in this 30k-36.5k range, we will remain flat.

https://www.tradingview.com/x/H7vqHkXe/

Take care #TeamLogos, I wish you all a great Thursday!

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