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Bitcoin almost touched $ 40k at night, but if the market repea | Crypto Calendar News

Bitcoin almost touched $ 40k at night, but if the market repeats the May correction, it might not end by RSI yet

The current BTC rate is below the 200-day MA ($ 46k) and has already dropped below the 21-week MA ($ 42k) as a candlestick shadow. Both lines are formal signs of a bull market as long as the price is above them, maintaining the second support is an extremely important factor for maintaining the prospects for further growth

The fall in shares of the Chinese developer and the failure of the S&P 500 were assigned to the role of the reasons for yesterday's collapse of the crypto market. But for the price to rise, you need to buy, while the dynamics of altcoins and trading volumes before and after yesterday's fall show that crypto investors continue to buy anything except BTC

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