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 nothing, BTC is still trading around 38500 in a complete indecision.
The trading volume in the previous session was still significantly high in comparison but not above its average level.
The daily technical situation remains positive for now but on a 4h time frame, the indicators are negative.
What to do now?
The 45° price rise in a context of falling volume is not necessarily reassuring. The proposal of shorting at 42-44k is still valid, but we might have to look for a new entry point if we do not manage to reach this level.
