Bitcoin (BTC) held support around $34,000 over the weekend and is approaching resistance around $40,000-$42,000. The world’s largest cryptocurrency has been consolidating for nearly a month as buyers established a solid base around $30,000.

A breakout from the range would yield further upside towards $50,000. However, sellers remain in control given strong overhead resistance.

Bitcoin was trading around $39,300 at press time and is up about 9% over the past 24-hours.

(Excerpt) Read more Here | 2021-06-14 04:30:07
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