Bitcoin is currently at a pivotal point. If we can hold the 40k lvl, a bullish move upwards is possible. In that case, we should try to gain the previous range (45K).
And a rejection of the previous range is also possible.
if we can't keep the 40k lvl and close a (at least a 4 hour) candle below it, we can see a fast move towards 35/36k.
The VPVR shows that between 45k and 36k very little handles volume has taken place.
Around 36k we see the volume increases drastically, this shows where there may be support and where there is willingness to buy.
Let's wait and see...
And a rejection of the previous range is also possible.
if we can't keep the 40k lvl and close a (at least a 4 hour) candle below it, we can see a fast move towards 35/36k.
The VPVR shows that between 45k and 36k very little handles volume has taken place.
Around 36k we see the volume increases drastically, this shows where there may be support and where there is willingness to buy.
Let's wait and see...