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

Bitcoin (BTC) consumers defended help throughout Asia hours because the short-term uptrend persists. The cryptocurrency is close to $40,000 resistance at press time and is up about 6% over the previous 24 hours.

The earlier try at $40,000 on Monday triggered overbought readings, which preceded a close to 10% pullback. Nevertheless, consumers have been lively at decrease help round $34,000-$36,000.

Source: CoinDesk

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