Bitcoin (BTC) completed a recovery from Monday’s 10% pullback and is now re-testing the $40,000 resistance level. The cryptocurrency appears overbought, which could trigger some profit taking after a near 25% rally over the past week.
Lower support is seen around $34,000-$36,000, which is the middle of a two-month range.
from WordPress https://ift.tt/3j61p6P
via IFTTT
Bitcoin Overbought at $40K Resistance; Support at $34K-$36K – CoinDesk – CoinDesk
![Bitcoin Overbought at $40K Resistance; Support at $34K-$36K – CoinDesk – CoinDesk]()
Reviewed by EARTH 48
on
July 29, 2021
Rating:
No comments: