Bitcoin is currently trading below $45000 after big slump last week on 7th september . Bitcoin panned out as expected falling in september month .
Current support for bitcoin is at 41500 area where comes the 200 day exponential moving average placed at $40400 and 20week moving average at $41400.
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Altcoins also followed bitcoin by falling upto 25 percent . A fall below $40000 looks difficult as of now .
Current trend bearish for bitcoin as long as bitcoin does not close above $48000
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