I remain bearish on Bitcoin and, after an emotional and corrective rally, BtcUsd has started to roll back. At this point, 40-41k is strong resistance and you can again see a drop to 30k support. Interim support is around 35k and, on the other hand, a break above 41k would expose 46 resistance
local resistance here and i would say this time we may have rise and breakout
Mihai_Iacob
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@MMBTtrader, if it breaks above I see a false break, not resumption to bull trend
f-73
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@OptimoomFX, unless we get a short squeeze at about 42k.
Yes indeed it looks bearish currently.
Yet when everybody looks in the same direction market usually goes the opposite way.
Overall mood is bearish.
I wouldn't exclude a surprise.
Mahtab_Tradia
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Good job mate
cryptotraderog
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Agreed. Need to reclaim 42-43K to flip to bullish on daily macro charts, but 41K also being very strong resistance right now.
mjgetsweird
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Hey buddy, I haven't checked your ideas in a month or so, but I see you're still controlling the market!! Haha! Great post, as always. I have just been trying hard to learn and do my own TA, so I haven't been around. But yeah, first time checking in on your ideas in a month, and you're still hitting home runs!! Amazing!! You saved my life with DOGE a few months ago. Seriously, I couldn't afford a life saving prescription and I was able to because of your DOGE TA. I am really thankful for your hard work! It means a lot!! :)