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 trading back in the middle of its trading range.
The trading volume in the previous session was below its average level for the twelfth time in a row, which reinforces the likelihood of an impulsive move.
The daily technical picture remains positive with the MACD and WaveTrend pointing upwards. However, we can see signs of a bearish bend on the WaveTrend. On a 4h time horizon, the indicators are negative.
What should we do?
We are once again stuck in this trading range and it is better to abstain until the 52-53k is exceeded.
