BTC 4H Market Update 22 Apr 22

in #bitcoin3 years ago

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BTCUSDT Market

As expected, BTC dropped to the support of around $39,200 as I mentioned yesterday. Looking at 4H TF, the market is showing an oversold sign with a rebound expected. As long as the price couldn't claim back above $40,500, the market structure will remain bearish. I expect to see BTC bounces to around the $39,900 range soon.

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