#BTC #BinanceCEO $BTC
The $40,000 battle đđ»
After a brief period of accumulation, $BTC managed to break through the next support level and enter a consolidation near the upper interest channel boundary.
The next level is a major psychological resistance of $40,000, holding substantial liquidity. Judging by the order book, we can expect high volumes of delayed buy orders triggered upon breaking through this level.
đ Another strong bullish marker is the recent establishment of a new 1Y high.
With relatively low volumes over the weekend, chances are that we will see a move above $40,000 at the beginning of the workweek.
