Bitcoin paving its way to $40k.

מעודכן
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.
הערה
תמונת-בזק

Once again BTC closed below the resistance level. Once again BTC failed to attempt to rally toward 40k.
הערה
תמונת-בזק

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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