Probably a bit of hopium here, considering the solid rejections at 42500 K on Bitcoin. Bulls have to keep at least on the topside of the bottom of the larger time frame bear flag in play (zoom out ironically). Upside target 43400-ish. Looking doubtful tho. For the record, I have a small long, but am pretty keen on pulling it should price move decently below current levels.
@trytofeelpositive, Time will tell. I think the bears are being aggressive and this is often what happens at the time of a trend change. Think psychological gaslighting reached a fever pitch over the last couple of days, but, buyers still stepped in (I added even). Looking decent and at the very worst, we might be seeing some action north of 42K in the next couple of hours so good luck!