Bitcoin

BTC/USD (41k Dollars Strong Resistance?)

1938
💎Technical Analysis Summary💎



COINBASE: BTCUSD

-In the short-term time period, BTC broke to the downside
-The pattern decided to break its trendline of support
-It seems the 41k dollar area acted as a strong resistance zone
-If this downtrend continues, the potential target is almost the 35k region
-That zone may act as a good rebuy area because of previous resistance turned support
-Be prepared, always follow your stop loss and book profit if needed
-The market is moving again, don't give away your profit back to the market



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