Bitcoin’s 40% crash ‘does feel like capitulation,’ says crypto specialist, but here’s where the next crucial support level stands

Crypto markets have shifted from buy, buy to bye, bye bitcoin, in a nanosecond, and technicians say that the digital asset may have more room to fall in the near term as a monthslong bullish trend unravels.

Prices for the world’s most popular digital asset had broken below a number of levels viewed as support for the asset, including $42,000.


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