Hello guys, quick update on BTC.
After the weekly close, BTC got rejected. In my previous BTC update, I already warned you to be careful. This recent rejection could go extremely bad if BTC fails to hold the support level between 16.6k to 16.9k. If it holds this price level then we can expect a bounce back but a further rejection could drop up to 16k or 15.5k.
For now, no scalping. I will wait for the confirmation to accumulate more.
Trade safely.