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BTC Update #BTC_Update What's new since the last one guys? W | 4C Trading News

BTC Update #BTC_Update

What's new since the last one guys? Well BTC didn't move much over the weekend and is still trading in its support zone around 41k-42k.

The trading volume in the last few sessions has been below average and getting lower. This does not bode well for the future.

The daily technical situation remains negative but we are starting to see signs of a bullish bend. On a 4h time frame, the indicators are positive.

What to do now?

As long as we stay above the support area, a rebound is still possible and so is the possibility of a short towards 47k.

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

Stay safe as usual, I wish you all a great day!