Description
⋅ Bitcoin has lost its uptrend by breaking the trendline today. Not nice, not nice.
Now price is on a clear path to test the key support at 40k.
Once there, BIG DECISION awaits... why?
If BTC falls under 40k... FUD will start and a lot of fear will return to the market.
Buyers better step up and give it their best at this support, otherwise, it's going to be a bear-fest.
We're not out of the woods and to me BTC can go either way from here. What I mean is we can equally CRASH below 30k or FOMO above 50k.
40k is key. Lose it and it won't be pretty. Be prepared and keep some powder just in case.
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