Bitcoin has tested 40k many times today and has been rejected every time. Very strong resistance. It was channeling upward for the last few hours leading up to this 40k resistance, channel merging into a rising wedge. This is making me think that if it cannot break 40k here then it will take another dive. Multiple previous areas of support along the way down to this mornings low of 30k. Time will tell...
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.