43K target reached. What’s next?
From technical standpoint next possible price support is around 40K on 200 Daily MA. We could reasonably expect a bounce back into low 
50S (52-53k). After that price target of about 30K.
If a price falls like a knife thru 200 DMA then chart becomes bleak and 30k can be reached without much of a bounce. In this case eventual sub 20k price could also become very feasible, with estimated prelim support of the 200 MA on weekly chart.
50S (52-53k). After that price target of about 30K. If a price falls like a knife thru 200 DMA then chart becomes bleak and 30k can be reached without much of a bounce. In this case eventual sub 20k price could also become very feasible, with estimated prelim support of the 200 MA on weekly chart.
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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.