BTC has traded sideways within a range with resistance at the white resistance zone (around $44k) and support in the green support zone around $40k. BTC has lost support at $40k and is at risk of a steep drop. Altcoins will get wrecked here too. Price levels on the way down:
- The white trendline at $37.5k is the next key support level of interest.
- The orange support zone at $33.6k and $34.9k is my key support zone of interest.
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Disclaimer
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.