Bitcoin-This 40-41k support is s little to obvious to hold (IMO)
Every time I write that I think Btc will fall I got a lot of hate...:)
But, really, this support is too obvious and trading is not so simple unfortunately
Getting back to technical analysis, Bitcoin is trading down since the beginning of the month and is putting in lower highs on our chart.
As I said, 40-41k zone acts as support at this point and we can have a break here
In such an instance, BtcUsd could accelerate losses and 35-36 could be short term traders target
But, really, this support is too obvious and trading is not so simple unfortunately
Getting back to technical analysis, Bitcoin is trading down since the beginning of the month and is putting in lower highs on our chart.
As I said, 40-41k zone acts as support at this point and we can have a break here
In such an instance, BtcUsd could accelerate losses and 35-36 could be short term traders target
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