Analysts say Bitcoin has ‘already capitulated,’ target $41.3K as the most hold level
Acccording to analytics, Bitcoin price needs to break above $41,300 to complete a potential inverse head and shoulders pattern. As for the bearish case, a failed retest of $41,300 would result in a minimum dump target of $35,000.
According to CoinMarketCap, BTC is recovering and gaining 0.80% to 41,700 USD, leading to a growth in the price of the entire market.