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 36k after bouncing back to 33k.
The trading volume in the previous session was well above its average level, with the candle closing in a huge hammer shape.
The daily technical situation remains negative but we can see signs of a bullish bend. On a 4h time frame, the indicators are positive.
What to do now?
We will have to wait for more development of the share price. A return to the 40k area is likely but the stop would be too big to allow us to open a short position on this level.
