BTCUSD is still in a descending channel, and its highs are constantly lowering. From the perspective of the kdj indicator, there is a death cross at the daily level. So I think it will remain bearish after rebounding this week. In the short term, 40000 is its support, if it falls below 40000, then the next support point is 35000.BTCUSD
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.