Bitcoin ready for an big move?

Is bitcoin ready for a big rise? We can see that Bitcoin has struggled at the 42.3K Level over the past week. The price is currently running into resistance there as well. Furthermore, we see that Bitcoin has established a bottom around 40K which has also been an important support and resistance level in the past. Perhaps the price will look for liquidity here first before we will see a further rise in the price.

Trend Analysis

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