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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 is once again testing its Wilder moving average and is now trading just below the 20k level.

The trading volume in the previous session was higher than the weekend sessions, which is not surprising. However, it was below its average level.

The daily technical situation remains positive with the MACD and WaveTrend still pointing up. On a 4 hour time frame, the indicators are also positive.

What to do now?

It is still too early to do anything unfortunately, as BTC needs a break of the 24k before taking a medium/long term position.

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

Until then stay safe, I wish you all a great day!