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 BTC made a high for the weekend around 44k and is now trading just below 43k.

Trading volume in the previous session and over the weekend was below average. BTC seems to be consolidating after bouncing back to the 44500 level.

The daily technical situation remains positive for now with no sign of a reversal. On a 4h time frame, the indicators are negative but we can see signs of a bullish bend.

What to do now?

For the moment not much, we are still waiting for a retest of the 46k area for a quick short.

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

In the meantime stay safe, I wish you all a great day!