Bitcoin testing previous support levels in search for new bottom

After several attempts to break through the ~45,000 price mark, Bitcoin is now testing previous support levels in search for a new bottom to bounce off of.

At the time of writing this, bears are fighting at ~42,800 which if it breaks, the next support would be at ~41,000 with a potential dip to ~39,000.

In terms of trading strategies, it is recommended to be neutral as bears and bulls are fighting for setting market trend, and momentum.