BTC Update #BTC_Update What's new since the last update my d | 4C Trading News
BTC Update #BTC_Update
What's new since the last update my dear community? Well BTC is now trading around 60500.
The trading volume in the previous session was below its average level for the fourth consecutive session. The average volume continues to fall.
The daily technical situation is now negative with a negative MACD and WaveTrend. On a 4h time frame, the indicators are negative as well.
What to do now?
For now nothing more to do, if BTC fails to hold above 60k and especially above 63700, we expose ourselves to a correction that could bring us back to the 58k level and even 52k. We therefore need more development of the price action before opening a position.
