Bitcoin Rally Faces Initial Resistance at $45K-$47K; Support at $40K

Bitcoin Rally Faces Initial Resistance at $45K-$47K; Support at $40K

  • Post author:
  • Post category:Uncategorized
  • Post comments:0 Comments

[ad_1]

The intermediate-term outlook has become less bearish for BTC given the recent price bounce. That means buyers could remain active toward the next level of resistance of $45,000 to $47,000. At that point, a brief pullback is to be expected after retracing 38% of the prior downtrend.

[ad_2]

Source link

Leave a Reply