After sharp rejection and rekt town, bitcoin enters another area of support / resistance interest.
So whats it going to be this time? We are still long biased considering the 40k level was support for some time and the current levels could end up a deviation on higher time frames. If another rejection, the 29-30k area also acted as previous support in May/July 2021.
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.