BTC Update Binance 4h chart
BTC Update
The depth of this retracement means our B wave is likely complete already if this is a triangle structure- now a standard triangle (like we had at 10k) rather than running. Daily demand at 38k is still the key to hold for this idea to remain valid. Next support are 38k , 36.5k,35k ,34.8k , Resitances are 40k, 41.5k , 42k , 43.5k ,44k , 45k . If btc don't break frist support then we may see bullish momentum otherwise bearish , News will also effect in this regard .
The depth of this retracement means our B wave is likely complete already if this is a triangle structure- now a standard triangle (like we had at 10k) rather than running. Daily demand at 38k is still the key to hold for this idea to remain valid. Next support are 38k , 36.5k,35k ,34.8k , Resitances are 40k, 41.5k , 42k , 43.5k ,44k , 45k . If btc don't break frist support then we may see bullish momentum otherwise bearish , News will also effect in this regard .
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