We are in a weekly upward channel and a daily downward channel.
The downtrend channel and the 40K range, which are almost in the same range, can be a strong resistance for Bitcoin, and if corrected from this area, the price could drop to 34,000.
In the case of a weekly bullish channel, the price of bitcoin can fall in the range of 29K-30K.
If Price can break 40K-41K area, the price can rise to 46K area.
The downtrend channel and the 40K range, which are almost in the same range, can be a strong resistance for Bitcoin, and if corrected from this area, the price could drop to 34,000.
In the case of a weekly bullish channel, the price of bitcoin can fall in the range of 29K-30K.
If Price can break 40K-41K area, the price can rise to 46K area.
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