BTC doesn't make happy a lot of investors and cryptotraders because 4 last daily candles send BTC price to - 11% from last local high.
The reason why BTC dropped again is probably FED: "The market turbulence comes after minutes from the U.S. Federal Reserve’s December meeting, which were released on Wednesday, showed that the central bank could hike interest rates as soon as this March."
What we want see is hold 39-40K and show us strong proof that we are on the way up. So some agressive move up.
On daily chart is bullish divergence. So I expect move up where we will be in more comfortable position.
LBL_CZ
The reason why BTC dropped again is probably FED: "The market turbulence comes after minutes from the U.S. Federal Reserve’s December meeting, which were released on Wednesday, showed that the central bank could hike interest rates as soon as this March."
What we want see is hold 39-40K and show us strong proof that we are on the way up. So some agressive move up.
On daily chart is bullish divergence. So I expect move up where we will be in more comfortable position.
LBL_CZ
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New ideas on my profile.
Hope that 40K orders will be massive.
But in global BTC doesn´t look good.