With a bullish growth in the starting two days of this week, BTC price shows a recovery of 3.50%. However, starting the week’s second half, Bitcoin’s price fails to prolong the recovery beyond the $43K mark.
Hence, with the sudden loss of bullish momentum, the BTC price drops dead to the $41K support zone. Nevertheless, the increased efforts from buyers led to lower prices for rejection candles and tease a morning star pattern.
