BITCOIN - The Future Of Bitcoin Hinges On $40k - $42K

After the huge move down recently, we are now at a pivotal point for Bitcoin. The important price to watch is the 40K - 42K level where we had previous structure and the 200EM and the 100EMA.

If we see any ascending correction on the smaller timeframe, we can assume that the bearish leg is not yet over. However, if we do break the level indicated impulsively, we can watch for bull flags or a retest to take Bitcoin higher.