I see a possible rejection as BTC has already formed a symmetrical triangle on the 4hr chart and this usually indicates a downward trend. Ultimately BTC is bullish and is not going below 40k again.
Note
btc is staying strong and bullish. shorting was wrong
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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.