Habib0601

BTC losing support

BYBIT:BTCUSD   None
BTC is at the major support that we have been talking about for a while (40.5-42k) and looking bearish for now.

If we don't reclaim 42k, I honestly expect a move to the daily at 35k, and if we lose it we can expect much lower prices.
If we reclaim 42k it would be a nice sign of strength, but for now we have been in a strong downtrend for the past 2 days.

Any questions?

Good luck traders
Remember not to break your rules

Habib
Aviso legal

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