CryptoEstratega

BITCOIN: 40K REJECTED FOR NOW?

BINANCE:BTCUSDT   Bitcoin / TetherUS
BTCUSDT has failed to close above 40K and break out of this range. (41K to 31K).

Volume is also going down, signifying a lack of the necessary build-up to breakout.
It seems we are going to continue ranging for a while, with more consolidation in the middle to lower part of the range for now.

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.