On a 4-hour TF, Bitcoin has some key levels for now. It is now trading in the $40,000 - $44,000 area. Bitcoin bounced near from the local support of $42,000, and now we may see another try to break the $44,000 area. If Bitcoin breaks and holds above the $44,000 area, we will see a good upward move. The market will see more panic selling if it breaks and stays below $40,000.
Note
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