After several attempts to break through the ~45,000 price mark, Bitcoin is now testing previous support levels in search for a new bottom to bounce off of.
At the time of writing this, bears are fighting at ~42,800 which if it breaks, the next support would be at ~41,000 with a potential dip to ~39,000.
In terms of trading strategies, it is recommended to be neutral as bears and bulls are fighting for setting market trend, and momentum.
At the time of writing this, bears are fighting at ~42,800 which if it breaks, the next support would be at ~41,000 with a potential dip to ~39,000.
In terms of trading strategies, it is recommended to be neutral as bears and bulls are fighting for setting market trend, and momentum.
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