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 63000.

The trading volume in the previous session was below its average level once again, with the latter continuing its steady decline.

The daily technical situation remains neutral with a positive WaveTrend and a MACD that has yet to cross. On a 4h time horizon, the indicators are positive but we can distinguish signs of bending.

What should we do?

We still need a clear breakout and consolidation above 63700 before we position on retracement.

https://www.tradingview.com/x/YFcqOX94/

In the meantime stay safe, I wish you all a great day!