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Rawlings_NG

BTC IS HOVERING AROUND $42k. WHAT SHOULD BE EXPECTED?

Short
Bitcoin / TetherUS (BINANCE:BTCUSDT)  
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BINANCE:BTCUSDT   Bitcoin / TetherUS
Technical Indicators Chart Patterns Trend Analysis BTCUSD BTC btcsignals Cryptocurrency bitcoinforecast Bitcoin (Cryptocurrency)
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BTC is presently hovering around $42K. this current level is also about $500 away from FIB23.6 which is an important level.
However, if the bears are strong enough to break through the support zone (FIB23.6), we may see BTC fall further to $40K once again.

Cryptocurrency trading is volatile and anything is possible, the bove is my opinion from my Technical analysis.

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Kommentar:
We should expect a bounce at $40K zone.
Kommentar:
$40K is holding strong as support zone.
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