📈 $BTC DAILY UPDATE

1D Timeframe

Price is currently at a very risky area for long positions, as it is approaching a strong resistance level, the 20-day MA.

That MA has kept Bitcoin under for the past 2 months.

With the Stochastic at an overbought level and a death cross forming, a move lower seems more likely.

Wait for price to clear that level, then we’ll reassess for longs.