BTC Update:
The daily and weekly close was at $41.7k. This is negative, and BTC is most likely to drop toward $38k to $40k. However, on the 4-hour TF chart, we can observe something different. Whether you term it a candle of hope or anything else, BTC is forming a bullish divergence. If it plays out successfully, BTC may rally back to $44k or even higher. Nonetheless, before all of this, BTC will need to overcome the $42.7k resistance.
Stay tuned with us for the next update.
Regards,
Team Dexter.
The daily and weekly close was at $41.7k. This is negative, and BTC is most likely to drop toward $38k to $40k. However, on the 4-hour TF chart, we can observe something different. Whether you term it a candle of hope or anything else, BTC is forming a bullish divergence. If it plays out successfully, BTC may rally back to $44k or even higher. Nonetheless, before all of this, BTC will need to overcome the $42.7k resistance.
Stay tuned with us for the next update.
Regards,
Team Dexter.
