On a daily TF, the trend is negative, and I expect the fall and test of $40,000 and $37,700 levels; So be patient and enter in case of a positive reaction.
Note
BTC's price action and short-term market structure haven't changed a single bit in the last 24 hours. The only relatively remarkable move for it has been another short-term drop down to $41,200 before heading back above $42,000 where we're currently trading.Until a real break above $43,000 on the daily or downside rejection of it occurs, price action remains pretty much neutral and volatility remains at our multi-month lows.
Note
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