Bitcoin is winding across 40,000 (Medium Level ML4) above and below and will continue to do so over the next few sessions, however, the bearish side has more influence and a drop below 40k again would support this analysis.
The first level of support is MInor Group2 MG2|38000|37200|36500 this support could see the price retest 40k before moving lower to 30k
Peter Mathers – TradingLounge
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