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 bounced off the bottom of its consolidation range once again and is now trading around 48500 again.

The trading volume in the previous session was however below its average level. We would have liked to see more volume on a major rebound.

The daily technical situation remains negative on the WaveTrend and positive on the MACD. On a 4h time horizon, the indicators are positive.

What to do now?

It's been a month and it's starting to get annoying, but as long as we are in this range, any opening of a long position is risky.

https://www.tradingview.com/x/hWK2Wdie/

Stay safe on this last day of the year, I wish you all a great New Year's Eve.