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Bulls have come back to their previous positions as most of the coins are again in the green zone.
Bitcoin (BTC) is the only loser among the top 10 coins as its rate has declined by 0.73% since yesterday.
On the hourly chart, Bitcoin (BTC) could not close the CME gap in the area of $42,000, followed by the false breakout of the $41,500 mark. At the moment, one needs to pay close attention to the local mirror level at $41,000. If buyers can hold it, there is a chance to see a bounceback by the end of the day.
On the bigger time frame, the main crypto made a false breakout of yesterday's level at $40,930, which confirms the bulls' power.
Thus, the selling trading volume is going down, suggesting a possible further price rise. In this case, there is a chance to see BTC trading around $42,000 by the end of the week.
From the mid-term point of view, the weekly candle closed bullish, which means that buyers are not ready to give up. If they can get the rate back to the zone around $44,000, the price of the chief crypto should rise to $50,000 next week.
Bitcoin is trading at $41,179 at press time.