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The Bulls are unable to turn the 44 300$ Level into Support a

As every time the price goes above it gets monkey hammered down.

The good thing, at least for the time being, is that the price has not dropped below the previous Low around the 42K as the Bulls are trying hard to prevent the Bears from taking it out however, looking at the volume profile, we can see that the Bears are still in control as the volume increases every time the price takes a dip.

The Bulls will have to increase the buying pressure if they want to prevent BTC from taking another leg down.

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#crypto #btc #trading #trade #cryptocurrency

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