#Bitcoin Update ( Continuous )
Bitcoin price extended increase above the $41,500 resistance zone. BTC even cleared the $42,000 resistance zone and a High was formed near $42,235 but BTC got a rejection and started a downside correction
$42,000 is working as a very important resistance along with 50-M. And after the rejection, the price spiked below the 41,000 level.
A fresh base was formed and the price is now back above $41,500. If BTC can hold above $41000 soon we will break the $42,000 resistance and we will see Bullish momentum
Stay tuned for more info
