#Bitcoin Update ( Continuous )
Bitcoin is trying to break its major resistance zone of $40000 to $41200 but not able to break, we see clear rejections and also volume decreasing which indicate Bitcoin may drop. We are not Bullish until bitcoin break the zone of $40k to $42k with good volume and hold above it.
Atm Bitcoin is lying in its zone of $38200 to $39400 along with M.A.
We need to watch the market carefully if we see any negative news regarding Russia-Ukraine Bitcoin can dump to $34000 again or if any positive news comes around, we could see very good momentum in the price
