Monday, November 4, 2024
Home > News > Bitcoin News > Bitcoin Holds Support Above $40K; Initial Resistance at $46K

Bitcoin Holds Support Above $40K; Initial Resistance at $46K

Bitcoin’s trading volume remains low relative to prior highs, although a decisive breakout above $46,000 could encourage additional buying activity. For now, BTC remains in a month-long trading range and is attempting to reverse a four-month long downtrend.

Source