Bitcoin fails at $42,500 😒

The main information of the day remains the progression of the supports of the currency. Since January 20, a bullish support line has been emerging. 34,500 dollars in mid-January, 36,700 dollars at the beginning of February, 37,000 dollars at the end of February, 37,500 dollars in mid-March then 40,900 dollars for a week. Suffice to say, Bitcoin has been progressing since the beginning of the year.

Of course the currency satisfies investors who bought below 37,000 dollars. Those who arrived later or who bet thinking of a rise beyond 44,000 dollars remain unsatisfied. Nevertheless, and this is undoubtedly the fundamental point: Bitcoin could break through these resistances, such as the $10,000 mark that it had finally exploded in 1 year in September 2020 to reach more than $61,000 6 months later. in April 2021.