If you take a good look at the price chart, you will notice that the trading volume in ascending candlesticks is very small compared to descending candlesticks.This is one of the reasons why Bitcoin has entered a downturn.If the market pattern continues to move further, further price declines are more tolerable unless fundamental news comes to the rescue.In the downtrend, the most important resistance is 42463 and after that the psychological level is 4000 next resistance But if a miracle happens and the trend goes up, you can see the resistance level of 52717 from the higher price.
This is not a financial recommendation.
This is just a technical analysis.
This is not a financial recommendation.
This is just a technical analysis.