![[Bitcoin] End up with 41.9k?? Where are you heading?](https://thebitcoinstreetjournal.com/storage/2022/03/2276505-JSuG_mid.png "[Bitcoin] End up with 41.9k?? Where are you heading?"){kind=small}
[Bitcoin] End up with 41.9k?? Where are you heading?
![[Bitcoin] End up with 41.9k?? Where are you heading?](https://thebitcoinstreetjournal.com/storage/2022/04/Ubds238S_mid.png "[Bitcoin] End up with 41.9k?? Where are you heading?")
#Crack #Bitcoin #Binance #Daily
– After the last briefing, the $44.2k-$44.5k support failed and Bitcoin reached the $41.5k-$41.9k support area .
– The $41.5k-$41.9k support area is an inflection section of the large VP area from Jan. 22 to Mar. 22, and it is important to see if this area is supported or not.
– If the support is successful and Bitcoin rebounds, we can expect a Bullish trend to breakout the $44.2k-$44.5k resistance again.
– However, the $44.2k-$44.5k resistance area served as strong resistance in the previous large VP movement, and the resistance of the sky blue high-trend line also overlaps, so we should continue to keep in mind the bearish trend before Bitcoin breaks out $44.2k~$44.5k with bullish trend .
– If the $41.5k-$41.9k support fails, we should remain open to the possibility of a decline towards the $37k-$37.7k lower end of the orange uptrend channel .
– However, if the support of the green mid trend line created during the formation of large VP is strong, even if the $41.5k-$41.9k support fails, there is a possibility that the decline to $37k-$37.7k will be stopped.
