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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 has reached a high point around 59000 and is currently trading at 57k in total uncertainty.

The trading volume in the previous session was above its average level.

The daily technical situation remains neutral with a positive WT. On a 4h time frame the indicators are rather negative.

What to do?

Caution for the moment, we have reached 59k, but not more, we have not registered a higher high and it is therefore dangerous to open a position on retracement around 55200. It is possible but only for risk-takers, for a quick scalp. I prefer to stay away when we have no confirmation.

https://www.tradingview.com/x/DE0Vgso6/

Stay safe as usual, I wish you all a great day!