Welcome to this short update on Bitcoin .

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Let’s get to the chart!
Bitcoin got rejected from the channel resistance.
This is why I asked you guys to wait for the daily close above $39400. It didn’t happen and BTC plummeted all the way to $37170.
Multiple indicators are pointing towards some rallies in BTC .
It will be short though.
For that to happen we need a clear breakout above the green line. ($39400).

I’ll be opening some long based on this logic, as USDT.D is also pointing towards some bearish move which is good for the market.

What do you think?
Do let me know and hit the like button.

Thank you

#PEACE