As i wrote in my previous analysis and provide you the clear image of #bitcoin down trend movement, Now 40600$ is still reacting as a support but i think this price would not stay here more time, it is the 4th retest of this support. If this support get breaks the red box i have marked might be the price range that will send BTC to upward again to retest the 40500$, As per this analysis this downtrend might keep continue till 38000$,
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.