Chaos

<h2 id="span-data-font-font-size-style-font-size-20px-btc-is-down-8-from-near-45-000-but-bulls-remain-staunch-over-40k-br-span">BTC is down 8% from near $45,000, but bulls remain staunch over $40K </h2>
<ul>
 <li>According to <a href="https://www.coingabbar.com/en/price-analysis" class="f-link" style="" rel="noopener noreferrer nofollow">Coingabbar Technical Analysis</a>, Following an extended period of consolidation and unsuccessful attempts to surpass the $45,000 level, profit booking emerged in the BTC price.</li>
 <li>On the 4-hour chart, a Double Top Formation breakout is anticipated, indicating a price decline.</li>
 <li>Following a sharp fall from $44,000, <a href="https://www.coingabbar.com/en/crypto-currency/bitcoin-btc-prices-usd" class="f-link" rel="noopener noreferrer nofollow">BTC</a> found support near $40,400, holding the $40,000 level.</li>
 <li>BTC's support is derived from the Ascending Channel pattern.</li>
 <li>After a decline, support from the 20-Day Moving Average led to a rebound towards the $42,000 level.</li>
 <li>If BTC maintains $40,000 support, recovery is possible with a target at the next resistance of $45,000.</li>
 <li>Conversely, a breach of $40,000 by bears may trigger panic selling towards $37,500, approaching the channel support.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $42,600-$43,000
SUPPORT LEVEL : $41,700-$41,300
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.

Dips, Dives, and Support:Decoding the Chaos in BITCOIN Price Landscape

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