Bitcoin Bulls Could Buck Downtrend With Move To $42,000

Bitcoin price is back above $27,000 per coin after holding firm at $25,000 for a second time.
If price fails to move below support and makes another run for resistance, bulls might finally buck the downtrend with a powerful, measured move to $42,000.
Recapping 2023 Using Classical Technical Analysis Methods
2023 thus far has been the year that Bitcoin went mostly sideways. The year began with a strong surge from bear market lows, but failed to instill enough confidence for instant continuation.