42k is an important area for Bitcoin, it has acted as support and resistance at critical times, and is also a good visualization of sentiment. There's also confluence with the solid green trendline, a bounce there is possible.
Above 42k bullish, below bearish.
Above 42k bullish, below bearish.
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.
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.