Bitcoin: Critical Support at 38 Thousand

Our current comments on Bitcoin: BTC looks like it will try 44 thousand again, but every time it tries to make this attempt, there is a sale. If BTC cannot stay above 44 thousand in the short term before the end of this week, we will have to try 40,800 dollars next week, but this is really bad news because 40,800 support is not a strong support, with liquidity stronger than 40,800, it will be difficult to get a reaction again and the price will have to retreat to 38 thousand bands. . 38 thousand is a very important support. If there is a reverse fomo, the 38 thousand region may also be lost, so we should watch BTC very closely this week and not miss the week's closing. We predict that next week will be bearish, but we are not considered bullish right now.To summarize, Bitcoin is currently in the decision phase, so it is consolidating. So far, every squeeze has gone up as bullish, but since the ETF news is now priced, if there is no positive macro news next week, Bitcoin will go to correction. This is necessary because we will not see big increases until the novice investor shakes himself up. We have to endure harsh corrections for big rallies we have to endure it

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