BTC Price Analysis: What’s the Next Critical Support if Bitcoin Loses $40K? (cryptopotato)

Originally published at: BTC Price Analysis: What’s the Next Critical Support if Bitcoin Loses $40K? (cryptopotato) – We Never See Nothing

Technical Analysis By: Edris Daily timeframe: Source: TradingView Bitcoin has been dropping impulsively in the past couple of weeks after being rejected from the 200-day moving average. This level has historically acted as a strong resistance during previous bear markets, and the price failing to break back above it may be considered a bad sign.…