BTC Daily Update 3 June 2021
Based on BTC 4H chart, it broke out of its apex triangle resistance at 37k. This may bring BTC price up to 
49K in the short term.
To confirm this breakout, BTC must stay above the apex triangle resistance turned support on the next candle which forms a red candle above $37882 until the next move.
Based on MACD indicator, it is indicating a strong upward momentum but a possible bearish divergence sign is unfolding where histogram is having lower high but price candle is having higher high. Beware of a trend reversal.
49K in the short term.To confirm this breakout, BTC must stay above the apex triangle resistance turned support on the next candle which forms a red candle above $37882 until the next move.
Based on MACD indicator, it is indicating a strong upward momentum but a possible bearish divergence sign is unfolding where histogram is having lower high but price candle is having higher high. Beware of a trend reversal.
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