Bitcoin
Short

$BTC Lost $40k Support Level Today, Key Price Targets To Monitor

By realchartchamp
BTC has traded sideways within a range with resistance at the white resistance zone (around 44k) and support in the green support zone around 40k. BTC has lost support at 40k and is at risk of a steep drop. Altcoins will get wrecked here too.


Price levels on the way down:

- The white trendline at 37.5k is the next key support level of interest.
- The orange support zone at 33.6k and 34.9k is my key support zone of interest.
btctechnicalanalysisbtctradebtctradingbtctrendbtcupdateBTCUSDBTCUSD1WbtcusdanalysisbtcusdbuyChart PatternsTechnical IndicatorsTrend Analysis
realchartchamp
Want more of my content?

Check out my YouTube and Twitter updates across all financial markets

Join my exclusive Discord community for swing trading, options trading, and long-term investing.

There is a free trial period for the group

Links👇

Related publications

Disclaimer