In my yesterday's analysis, I said that Btc CAN rise to the 40k zone, but traders should not get too excited and this, in fact, is just a correction. The main crypto didn't even had the power to touch 40k and reversed strongly from 39k, leaving a nice pin bar on our daily chart. This can be a clear signal that the correction is over and further losses can follow. At this moment, 35k acts as support and a break here should accelerate losses to 30k figure. In my opinion, rallies should be sold and as long as 40k resistance is intact my outlook remains bearish