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 is still trading around 18800 and has not managed to stay above 19000.

The trading volume in the previous session was once again above its average level. The latter seems to be taking a break from its growth phase.

The daily technical situation remains negative with the MACD and WaveTrend pointing downwards. On a 4-hour time frame, the technical indicators are neutral with a negative WaveTrend and a positive MACD.

What to do now?

Still at the same point, we are not low enough to short and not high enough to open a long position. So we will have to be patient again.

https://www.tradingview.com/x/jR4tpu7h/

Until then, stay safe, I wish you all a great day!