Market Update: Bitcoin closing must be above 40k USD


As of now, we can identify that bulls and bears are trying to find their ways to

Keep BTC in their hands until now, none of them have won and I am saying this because 4H charts indicate so, and also 200 EMA has not been very good support due to very low volumes so Bulls need to pump the market by injecting much more volume so I would consider the current scenario as a partial breakout, for a better approach to today’s TA, we need a daily closing above 40K, in that case, we can see a price increase in BTC.

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