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 trading around 42500 in its support zone after reaching a low at 41k.

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

The daily technical situation remains negative with no sign of a bullish reversal yet. On a 4h time frame, the indicators are positive.

What to do now?

Nothing more than yesterday, we will short the return to 47k. If this does not happen and the 42k breaks before, we will open an even more aggressive short position.

https://www.tradingview.com/x/o8Nb8KWu/

Until then stay safe, I wish you all a great weekend!