-Bitcoin failed to hold above 40k dollars last week -The price is back at its weekly major support area -This is the critical part for Bitcoin this coming few days -Our only hope if the 50W MA will act as support again for the 3rd time -If it bounces up again, we will have another retest near 40k -But a failure of weekly support will lead to further downside -Not the best time to go all-in on your altcoin trade -Because the market is shifting its tune in a short amount of time -We always need to adapt and adjust our strategies base on what the market is telling us -I will publish a new update once more data comes in -Please stay safe and healthy everyone!
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