BITCOIN MARKET ANALYSIS: MAJOR SUPPORT

Bitcoin is hanging by a thread and is at critical support on the higher time frames. It is at key demand zone of 25.4k - 24k zone. If the level holds, we could see a rally in BTC towards 36k-40k.

However a break of 24k with candle closure, is not going to end well. We could see a further correction to 18k if this were to play out.

Watch these levels closely in the coming days/weeks.