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 has failed to register a local higher high in the short term and is now trading around 47000 still in its consolidation zone.
The trading volume in the previous session was below its average level.
The daily technical situation remains neutral or even negative, although it is evolving in its oversold zone. On a 4h time frame, the indicators are negative.
What to do now?
As annoying as it may seem, the market is evolving in a consolidation pattern and as long as we do not break out of either side of this range, it is wiser to stay away.
