BTCUSD, Potential Routes
Price struggles below the 52k level and appears to have lost bullish momentum on the short term range.
A potential slide is possible towards the lower support at around 42-40k level as price appears to be vulnerable to further bearish pressure.
A 42-40K retest would decide if the market is likely recover or slide further down to lower support levels.
Thoughts?
A potential slide is possible towards the lower support at around 42-40k level as price appears to be vulnerable to further bearish pressure.
A 42-40K retest would decide if the market is likely recover or slide further down to lower support levels.
Thoughts?
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