CRYPTOCAP:BTC has traded sideways within a range with resistance at the white resistance zone (around 44k) and support in the green support zone around 40k. CRYPTOCAP:BTC has lost support at 40k and is at risk of a steep drop. Altcoins will get wrecked here too.
Price levels on the way down:
- The white trendline at 37.5k is the next key support level of interest. - The orange support zone at 33.6k and 34.9k is my key support zone of interest.