Hello traders As we explained in the previous analysis, Bitcoin lost support at $39,600 and reached the $38,000 level. Bitcoin failed to stabilize below $38000, although the reflection was not such that we can think of a return to the uptrend. It should also be noted that for a bullish scenario it is necessary to break the resistance level of $ 39600 with a strong candle, otherwise the levels of $ 36600 and $ 34900 are not unreachable support for the price.
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below 36K we should wait for more confirmation. above 40K trend may change