Bitcoin technicals: How low will BTC price go after failing at $42K resistance?

Bitcoin technicals: How low will BTC price go after failing at $42K resistance?

Bitcoin price rejection at $42,000 means BTC is now trying to find new high lows, but at what price levels? Bitcoin (BTC) has seen an impressive rally of 44% with ten green days in a row. This rally and the substantial number of green days resulted in a sentiment shift. Practically two weeks ago, the market was comparable to a funeral, with many expecting more downside to $20,000. However, the sentiment completely shifted after the breakout above $31,000. The current sentiment is the expectation of Bitcoin to rally to $100,000 or higher in the second part of this year, while on-chain....


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