[Bitcoin] End up with 41.9k?? Where are you heading?

#Crack #Bitcoin #Binance #Daily

- After the last briefing, the $44.2k-$44.5k support failed and Bitcoin reached the $41.5k-$41.9k support area.

- The $41.5k-$41.9k support area is an inflection section of the large VP area from Jan. 22 to Mar. 22, and it is important to see if this area is supported or not.

- If the support is successful and Bitcoin rebounds, we can expect a Bullish trend to breakout the $44.2k-$44.5k resistance again.

- However, the $44.2k-$44.5k resistance area served as strong resistance in the previous large VP movement, and the resistance of the sky blue high-trend line also overlaps, so we should continue to keep in mind the bearish trend before Bitcoin breaks out $44.2k~$44.5k with bullish trend.

- If the $41.5k-$41.9k support fails, we should remain open to the possibility of a decline towards the $37k-$37.7k lower end of the orange uptrend channel.

- However, if the support of the green mid trend line created during the formation of large VP is strong, even if the $41.5k-$41.9k support fails, there is a possibility that the decline to $37k-$37.7k will be stopped.