Is BTC Price Ready To Break Above The Resistance Zone Of $40K?
Bitcoin price weekly technical chart hints towards a consolidated trend and can soon see a strong move. On coming to the daily chart, the coin price is currently in an upside move. Bitcoin upside momentum may see a hostile region near 40k. Meanwhile, on the downside mode, the coin bounceback can be seen near 35k. If the asset price sees a momentum for 15 to 20% then a new high can be seen.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.