FXstreet

Bitcoin prices have experienced some noticeable volatility, repeatedly moving past $40,000 but failing to stay above that level.



The daily price broker Ichimoku cloud to below for the primary bearish reversal to be started: the price is crossing 38,532 support level to below for 37,695 and 37,152 targets to re-enter for the primary daily bearish trend to be continuing. Alternatively - the price will be on the secondary ranging waiting for the direction of the bullish trend to be resumed by crossing 42,957 to above or the bearish reversal by breaking support levels to below.

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