As we can see we held 40K which is a key level for BTC. We are formed a W pattern which is another sign of reversal. Our greates challenge to come is the bearish Daily Order Block hovering over in red. If we can take out this zone, we will almost certainly be on the up for the short term.

We need to break this rising wedge pattern and turn this large zone of resistance into support.
BTCChart PatternsCryptocurrencyRising WedgeTrend Analysis

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