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In our previous update, I mentioned the possible chances of rejection from the 42.4k resistance level and we saw the rejection up to 40.5k resistance, and then currently we can see a big jump trying to break the 42.4k ceiling. If this time BTC manages to break through it then breaking above 43.5k won't be far away. As BTC is trying to break above the resistance level, we also need to be careful regarding its chances of getting rejected. If at all BTC fails to break above the 42.4k resistance then we can expect BTC to drop towards 41.2k to 40.2k.
So guys, let's be extra cautious here.
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