Hard Rejection in Bitcoin!!

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.