#BTC UPDATE
Bitcoin doesnât look strong here. I donât see purchases here, bulls are waiting for something or just not buying at this price.
In fact, we have the basic consolidation formation. As long as we trade above the $40,000 level, bullish trend remains safe.
We may see fake breakdown of this level, thatâs for sure, donât get fooled by it.
If Bitcoin breaks the $40,000 down and take hold below, the real correction will start. But only correction, not talking about any bearishness anymore
#BTC #BinanceTournament #INJ #btc40k