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 undecided as to which direction it should take and is currently trading around 56500.

The trading volume in the previous session was below its average level which has been going on since the end of October.

The daily technical situation remains negative with the WT having just turned downwards. On a 4h time frame, the indicators are negative as well.

What to do?

For the moment BTC is at a key moment, if we do not manage to get back above 59k quickly enough, 50k will be in sight and if this last level does not hold, the bear market will not be far away.

For now, let's not rush, let's rely on the facts but we need a decision.

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

Stay safe until then, I wish you all a great weekend!