Bitcoin (CRYPTO: BTC) closed above the $40,000 level on Friday for the first time since Jan. 20. The apex crypto bottomed at $33,184.06 on Jan. 24, an area where it was seen consolidating between mid-June and mid-July in 2021. Bitcoin is seeing a consolidation move on Saturday, with the crypto fighting hard to stay above a support level around $41,000. If Bitcoin can convincingly break above this level, it could take off to the $44,000 resistance area. If the rally fizzles, Bitcoin can go all the way back to a support zone of around $37,000. If the level does not hold, the $35,000 area could . . .
Read more at www.benzinga.comRelated Stories
March 27, 2024