BeInCrypto –

Bitcoin (BTC) fell considerably on Sept 20, breaking down from the $44,000 support area in the process.

It rebounded after hitting the $40,000 support and created a long lower wick. However, the main support area still lies close to $38,000.

Ongoing BTC breakdown

BTC decreased sharply on Sept 20, creating a large bearish candlestick and falling below the $44,000 area, which previously had acted as support. Now, the area is expected to act as resistance.

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