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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 still trading around 60000, just above its support zone after being rejected twice below 52000.

The trading volume in the previous session was above its average level, which is not surprising given the indecision the market has shown.

The daily technical situation remains negative while on a 4 hour time frame the indicators are positive.

What to do now?

Nothing has fundamentally changed since yesterday guys, as long as we stay below 63700, the situation is feverish and we should not open a swing position. So more price action development is needed.

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

Stay safe as usual, I wish you all a great Friday