CoinDesk: Bitcoin Falls Under $40K Resistance Level as Buyers Take Profits
Bitcoin traded sideways Thursday as buyers appeared to be exhausted near the $40K resistance level. The cryptocurrency is up about 23% over the past week, a gain driven by improving sentiment and short covering. Jesse Proudman, co-founder and CEO of crypto robo-advisor Makara, discusses the outlook for bitcoin as the current rally takes a breather.
#cryptocurrency #digitalfinance #finance #bitcoin #crypto
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