Bitcoin's struggles continue as it tests the crucial $30,000 support level. A break below this mark could lead to a deeper correction, while a rebound could propel it back towards $40,000. Keep an eye on the 50-day moving average, currently around $32,500, as it may provide some guidance on the coin's next move.

Stock picker and skydiver. I trade and dive.

The 50-day moving average has been quite reliable in the past, would be interesting to see if it holds as support this time around, potentially influencing the next move for Bitcoin.