The green breakout candle on May 8 failed to take a BTC higher, signaling a short-term top. Since then, BTC has moved significantly lower for 7 to 10 days. 42,00 looks like a good area to make some buys as the one-hour chart is showing a double bottom with price holding and increased volume.
s3.tradingview.com/s...shots/c/cycYu8QM.png
s3.tradingview.com/s...shots/c/cycYu8QM.png