👋 Good morning, friends!

The price of the first cryptocurrency continues to decline. All this movement is within the framework of the previous trend.

While the bulls are trying to maintain support in the form of the trend and the ~$42,000 level with all their might, this can be seen from the last candles from the 4-hour time frame, on which a large shadow has passed.

To summarize the state of Bitcoin, it is in medium-term consolidation. This is the so-called “flat” correction option 📈 in the crypto market.

So far there are no signs that the sidewall has been scrapped. This gives the same alts the opportunity to catch up with the market, but BTC is not so interesting yet 🤷‍♂