Bitcoin rejected after attacking $42K as trader says BTC price impulse move not 'done yet'

followed a mercifully non-volatile weekend for BTC/USD, which continued to test $42,000 resistance while retaining $40,000 as support.initially resulted in misgivings over a price"fakeout," but at the time of writing, no significant retracement had entered.Other comments focused on what could be a more sustainable price transformation, William Clemente eyeing $41,000 as a support-resistance flip to secure an attack on levels closer to $50,000 next.

Fellow trader Pentoshi meanwhile said that the time could soon be right to take a position in altcoins.

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