Bitcoin paving its way to $40k.
Updated
Hello traders,
Providing a swift BTC update using 4-hour and 3-day timeframe charts. My target remains around 40k, and in the absence of sustained upward momentum, brace for a potential significant correction. Stay prepared for various market scenarios.
Trade safely, guys.
Regards,
Team Dexter.
Providing a swift BTC update using 4-hour and 3-day timeframe charts. My target remains around 40k, and in the absence of sustained upward momentum, brace for a potential significant correction. Stay prepared for various market scenarios.
Trade safely, guys.
Regards,
Team Dexter.
Note
Once again BTC closed below the resistance level. Once again BTC failed to attempt to rally toward 40k.
Note
BTC Update:
In 4 hours TF, BTC has breached and closed above the resistance level but is it enough to give a gain of 5% and take the price to 40k? Seeing a big green candle followed by a rejection is quite possible. The Stochastic RSI is once again at its peak, which worries me about BTC and the market.
Be cautious, traders.
Regards,
Team Dexter.
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