Bitcoin (BTC) sellers remained energetic throughout Asia hours because the cryptocurrency slipped additional under $40,000 resistance. The following stage of help is seen round $34,000-$36,000, which may stabilize the pullback.
Bitcoin was buying and selling round $38,000 at press time and is down 2% over the previous 24 hours. The short-term uptrend is weakening, though patrons may return for a quick bounce at help.
Source: CoinDesk