Based on the current price action and the unfilled wicks, a potential target for Bitcoin could be around 36k. This level represents a significant support level that Bitcoin has tested multiple times in the past. If sellers are able to break through this support, it could trigger a further decline towards 30k or even lower.
Note
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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.