As discussed here, Bitcoin was able to break through $42K, but $43.1K provided prohibitive resistance. We rejected this level hard and fell through the $42K's where we anticipated at least some support, back to the base of the $40K handle. A wick even tested the high $39K's. We have since recovered $40K, just barely. We are making an attempt to test $40.8K, with a red triangle on the KRI confirming some resistance here. We should see further resistance from the $41K to $42K range, and support from $39.2K if we breakdown further.
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