Bitcoin failed to cross the $ 45,000 mark and was revamped due to the weekend, and now forms a small corner pattern that has kept the price well within the bottom of the pattern ($ 41,000). However, due to the strong downtrends compared to the uptrend within the pattern, the probability of breaking the floor is $ 41,000 thousand, which with failure, the price is expected to reach the strong floor of $ 40,000 - $ 40,600 again and be supported again upwards.
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Disclaimer
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.