Bitcoin Returns Near $40K Resistance; Support at $36K – CoinDesk – CoinDesk

Bitcoin (BTC) buyers defended support during Asia hours as the short-term uptrend persists. The cryptocurrency is near $40,000 resistance at press time and is up about 6% over the past 24 hours.

The previous attempt at $40,000 on Monday triggered overbought readings, which preceded a near 10% pullback. However, buyers have been active at lower support around $34,000-$36,000.

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