Bitcoin

BTC UPDATE

BTC / USD

Unfortunately BTC lost 45k local support area and situation becomes critical

But In macro view things are different
we still have important levels for watching :

First strong support 42k-40k the bulls should hold this area if we want to continue the current bullrun

IMO if BTC failed to bounce and closed weekly below 40k then i will consider the last pumps as a trap and then we can test 37k-35k again (much support there + moving average)

What do you think ..which pathway will BTC follow ?

Don’t forget to like this idea for more analysis

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