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 has dropped and is now trading around 39k.
The trading volume in the previous session was below its average level but significantly higher than the session before. This is not necessarily good news as the previous session closed with a support breakout.
The daily technical situation remains negative with a bearish MACD and WaveTrend. On a 4h time frame, the indicators are positive.
What to do now?
BTC is currently on support but this may not last. We advise caution during this period. A further fall is not at all to be excluded.
