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

BTC Update #BTC_Update

What's new since the last update guys? Well not much but we can still see a slight rise in BTC which seems to be slowly heading towards a rebound.

The trading volume in the previous session was above its average level, which bodes well for a retest of the 48-50k.

The daily technical picture is now increasingly positive with WaveTrend in a buy signal and MACD set to cross soon. On a 4h time horizon, the indicators are positive.

What to do now?

For the most risk-taker among you, we can try to take a long position to aim for a return to the bottom of the December range. For the others, we will wait for confirmation.

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

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