Bitcoin Holds Support Above $40K; Initial Resistance at $46K

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Bitcoin Holds Support Above $40K; Initial Resistance at $46K

Bitcoin’s trading volume remains low relative to prior highs, although a decisive breakout above $46,000 could encourage additional buying activity. For now, BTC remains in a month-long trading range and is attempting to reverse a four-month long downtrend. www.coindesk.com

Bitcoin’s trading volume remains low relative to prior highs, although a decisive breakout above $46,000 could encourage additional buying activity. For now, BTC remains in a month-long trading range and is attempting to reverse a four-month long downtrend.

www.coindesk.com