BTC Update : Bullish Divergence can be seen in most of the time frames

BTC/USD Update

We didn't update BTC for 2 days because we didn't have a reason for that update. It was in falling wedge for 2 days and it is finally showing signs of breakout but we need a confirmation for that. RSI formed bullish divergence on the majority of time frames so chances to see breakout are really high!
I was always honest with you so I will share with you that we were stopped once on BTC long but that's the point of trading. Cut your losses on time and let winners run. I can make 5 bad trades but I will recover everything and even make profit with 1 good entry. That's the power of good risk managment!

So, to conclude, BTC is showing strong bullish signs, it is already out of falling wedge but we need confirmation to close above 8400 and we can continue to ride the wave up.

More updates are coming tomorrow! Hold your entries on our signals, if BTC breaks out, alts will probably follow so it will be nice green days but we are waiting for confirmation. But also we are trying to find potential bearish signs because when it starts to move up it can be a fakeout so you need to spot bearish signs on time and take action.