Bitcoin Stalls at Resistance; Lower Support at $36K
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.
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