There is still some hope for the bulls. As long as btc can remain above 41k, there is still hope for the bulls. However, if we go below 40k, this could be a confirmation of a bear market. Also one thing that I did like is that the weekly RSI reached the bottom of bitcoin RSI when bitcoin was at 29k.
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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.