Hafez Financial Services

logo-hafez04@2x

Bitcoin Stalls at Resistance; Lower Support at $36K

ارزهای دیجیتال

Bitcoin is giving back some gains at resistance. Lower support at $36K could stabilize a pull-back.

Bitcoin (BTC) approached resistance around $41,000 on Monday, which triggered some profit taking.

The month-long range is still in effect as short-term overbought signals limit upside moves.

Initial support is seen around $36,000 which could stabilize a brief pull-back.

Bitcoin was trading around $40,000 at press time and is up about 2% over the past 24-hours.

Leave a Reply