BTC Update #BTC_Update What's new since the last update guys | 4C Trading News
BTC Update #BTC_Update
What's new since the last update guys? Well BTC came to test the 38000 level again this weekend and is now trading around 37000.
The trading volume in the previous session was well below the average level, which is also starting to drop.
The daily technical situation remains positive with a bullish WaveTrend and MACD. On a 4h time frame, the indicators are negative.
What to do?
For the moment the volume is not accompanying the BTC rebound, which is usually a very bad thing for the continuation of the rise. A retest of 42-44k is still possible and we will open a short position if this is the case.
