In the 4-hour bit frame time, support is in the range of 42,000, and the 4-hour candle above this range was closed last night.
Bitcoin is now stuck between a resistance that was actually an important support yesterday and an important support that can be seen in the picture.
Two possible scenarios and targets have been identified for Bitcoin
If at the time of the pullback to the support of 44,000 markets could not break it
It is expected to break the 40,000 bitcoin range and see 37 with the loss of support.
At 15 minutes time, the entry trigger for a short trade is 43,100 defeats and the pullback to it is 15 minutes.
Bitcoin is now stuck between a resistance that was actually an important support yesterday and an important support that can be seen in the picture.
Two possible scenarios and targets have been identified for Bitcoin
If at the time of the pullback to the support of 44,000 markets could not break it
It is expected to break the 40,000 bitcoin range and see 37 with the loss of support.
At 15 minutes time, the entry trigger for a short trade is 43,100 defeats and the pullback to it is 15 minutes.