Bitcoin dips below $42K as new forecast says breakout ‘most probable
![Bitcoin dips below $42K as new forecast says breakout 'most probable outcome' for BTC price](https://i-invdn-com.investing.com/news/LYNXMPEDB60BK_L.jpg)
© Reuters.
(BTC) returned closer to $40,000 on Thursday as $44,000 resistance proved too much for bulls to overcome.
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD shedding around 4% in 24 hours on Jan. 14.
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Read More: Bitcoin dips below $42K as new forecast says breakout ‘most probable