BITCOIN rejected strongly from weekly resistance, more down
741
BTCUSD price has shown strong rejection from the resistance area , currently price is in a correction mode, after reaching the resistance area(shown in the map), if price shows rejection, we can expect the price to move lower the nearest support area around $41,000 and if price breaks below the the support price may continue lower towards $37,500 area. Weekly chart Weekly close shows strong bearish sign, price made a shooting star on weekly chart, after a correction, price may head lower.
Daily Chart
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