BTCUSD long view

In the last 24 hours, the price of Bitcoin has been in the range of 40,500 - 41,500 dollars. Bullish pressure is present, but we need above all a jump to 42,600 dollars, the previous high from last week. A break above would be a big success for the bulls, and after that, if we consolidate above, it would open up space towards $ 45,000. And the last time we were here was in early March. For the bearish option, we need a negative consolidation and a price withdrawal to a zone around $ 40,000. Additional potential support at that level is our MA50 and MA200 moving averages. A break below would amplify the bearish signal, and after that, we descend to the previous support zone of about $ 38,000. Our March low is at $ 37,195.