Currently, three notable factors are worth highlighting.
Firstly, the 1.27 extension aligns with the price range of $39,000 to $40,000.
The 40K range also falls in with a significant support/resistance level.
And lastly, take a look at the Volume Profile between the price today and $40,000!
Do you see it?
Leave a comment and tell me what you think.
Cheers