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BTC/USDT update (H4) : ⇨ BTC has been making rising highs an | Trader Square® - Fintech

BTC/USDT update (H4) :


⇨ BTC has been making rising highs and lows. Today the price failed to make a new high, with a Doji on the H4 candle.

⇨ BTC seems to want to enter a compression triangle where the MA50 and the bottom of the structure could serve as support.

⇨ The area to watch is therefore the return to 37900.

⇨ A rebound on this area could be traded to seek the bullish exit of the compression. But we recommend caution.

Chart : https://www.tradingview.com/x/wnS7iyHZ/

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