BTC has put up a good show in the last 24 hours as the cryptocurrency latches on to
the $41K critical resistance amid an upbeat market mood. The primary cryptocurrency breached the $41K top following a positive reaction to the recent rate increase by the US Fed.

That said, BTC appears to have run out of bullish steam at the previously mentioned level and faces the possibility of a correction back to the $40K support. This correction, if it occurs, would take place between today and Friday and would likely be followed by a rebound to $42K.

Meanwhile, my resistance levels are at $40,100, $42,000, and $43,000, and my key support levels are at $40,000, $39,000, and $38,500.

Total Market Capitalization: $1.83 trillion

Bitcoin Market Capitalization: $757.7 billion

Bitcoin Dominance: 42.4%

Market Rank: #1