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$BTC Lost $40k Support Level Today, Key Price Targets To Monitor

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Bitcoin (BITSTAMP:BTCUSD)  
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BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTCUSD btcusdanalysis btcupdate btcusdbuy btctrade btctrend btctrading BTCUSD1W btctechnicalanalysis
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trendanalysis chartpattern indicator btcusd btcusdanalysis btcupdate btcusdbuy btctrade btctrend btctrading btcusd1w btctechnicalanalysis
BTC has traded sideways within a range with resistance at the white resistance zone (around $44k) and support in the green support zone around $40k. BTC has lost support at $40k and is at risk of a steep drop. Altcoins will get wrecked here too.


Price levels on the way down:

- The white trendline at $37.5k is the next key support level of interest.
- The orange support zone at $33.6k and $34.9k is my key support zone of interest.
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