April 12, 2026

BTCUSD ! Breakdown of support 42120 under market pressure

BTCUSD ! Breakdown of support 42120 under market pressure

BTCUSD ! Breakdown of support 42120 under market pressure

BTCUSD ! Breakdown of support 42120 under market pressure

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
RLinda


BTCUSD ! Breakdown of support 42120 under market pressure

Bitcoin is in the trend reversal zone. A new downward channel is being formed, which clearly observes its boundaries. After testing the local support at 42120, the price makes a local false breakout and does not roll back

Since the trend is down, the formation of descending peaks can suggest pressure on the market.
I suppose if the price returns to the breakdown of the level of 42120, we can see a fall to a strong support of 40600

Sincerely, R. Linda!

Previous Article

[Bitcoin] End up with 41.9k?? Where are you heading?

Next Article

ANT USDT IDEA

You might be interested in …

CHZ / USDT

CHZ / USDT

CHZ / USDT Chiliz / TetherUS BINANCE:CHZUSDT i.mirzajani I try to provide analyzes with a specific time area Please note the expiration time. always Be faithful to the SL. *(( If you make an emotional […]

ADA/USD: Update

ADA/USD: Update

ADA/USD: Update Cardano / US Dollar (calculated by TradingView) BINANCE:ADAUSD harisonhbn9718 As Cardano price crash during these days. I get over 178% in profit. A huge earns just shorting Cardano in my broker. Now to […]