The trading value of the Bitcoin (BTC) price in the market reached $41,934.38 yesterday, with an index dive of 0.95%. While Bitcoin (BTC) is still recuperating after a 50% drop from the phenomenal November all-time high of $69,500, its value has risen from $30k, breaking the psychological resistance barrier of $40,000 in the process. The positive pattern will continue to gather momentum since technical indicators have already touched oversold ranges.