BitcoinLong
Bitcoin Stumbles, Finds Support at $41K
Bitcoin has retraced from 45K to find support at 41K. This is exactly what we predicted yesterday. Bitcoin was having a great deal of trouble with 45K, with the price action rounding off, and several red triangles on the KRI confirmed resistance there. We seem to be getting good support at 
41K, but if it fails, we will surely see further support at 40K. There is a vacuum zone back to 38K, which has been well established in these reports, and dedicated readers should recall this well. The technical level of 38K is also a major Fibonacci on the day level, so keep this in mind. If we somehow can muster the strength for a rally, 45K will surely be a barrier for now.
41K, but if it fails, we will surely see further support at 40K. There is a vacuum zone back to 38K, which has been well established in these reports, and dedicated readers should recall this well. The technical level of 38K is also a major Fibonacci on the day level, so keep this in mind. If we somehow can muster the strength for a rally, 45K will surely be a barrier for now.
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