BTC Outlokk

Yes 40-39k has been achieved, for now 40.6k looks strong enough to withstand the decline of BTC. If 40.6 k is not strong enough to be BTC support, then the next support is at 38k which is also the fib level of 0.618 and strengthened by previously being a BTC support area. And also the last support that I think needs to be considered is 36k. Because if that area also can't withstand the decline of BTC, for me the bullrun of BTC is over. In the daily time frame, from my vision BTC will create a falling wedge pattern (bullish pattern), with a scenario that I make on the chart. Maybe that's it for today, the next update will follow if there is anything interesting about BTC.
FibonacciSupport and ResistanceWedge

Haftungsausschluss