Bitcoin Approaching $40K Resistance Zone; Support at $37K

Bitcoin Approaching $40K Resistance Zone; Support at $37K

So far, buyers have maintained a strong support base around $37,000, which could limit pullbacks over the short term. The significant loss of downside momentum on the weekly chart could also encourage buying activity, especially if a breakout above $40,000 occurs.

Originally Posted on: https://www.coindesk.com/markets/2022/03/15/bitcoin-approaching-40k-resistance-zone-support-at-37k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Damanick Dantes

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