No big updates today, just my opinion on the current situation.
If we take the 4H chart we see that BTC is undergoing a correction, which is a little disappointing because I was expecting a rally at the start of the NYC cryptoconference. So at this moment, I think patience is key because BTC is at the moment in a clear downtrend. I have an buy order on 7.85K at the moment because I think there is a strong support at 7.8K. Ones BTC is in an uptrend I think that the most important resistances will be on 9.4K, 9.7K and 9.9K. If we passed the 10K price tag, we can make a big jump to our next big resistance at 11.75K.
Comments are always welcome
This is no financial advice!