#BTC/USD Update

#BTC/USDT

#Bitcoin still fighting with its major resistance level by reaching a high point of 58 150$ in the last move but failed to break through the middle line of the ascending channel and now seems to be retracing to 55 000 area.

Technically, our situation remains positive with the MACD and Wave Trend still firmly oriented upwards. But on the lower frame ( 4h ) the indicators are negative and also with negative divergence.