Bitcoin Approaching $40K Resistance Zone; Support at $37K

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Bitcoin Approaching $40K Resistance Zone; Support at $37K

So far, buyers have maintained a strong support base around $37,000, which could limit pullbacks over the short-term. The significant loss of downside momentum on the weekly chart could also encourage buying activity, especially if a breakout above $40,000 occurs. www.coindesk.com

So far, buyers have maintained a strong support base around $37,000, which could limit pullbacks over the short-term. The significant loss of downside momentum on the weekly chart could also encourage buying activity, especially if a breakout above $40,000 occurs.

www.coindesk.com