Bitcoin has gradually but consistently lifted from $31,000 to levels near $40,000. However, the flagship cryptocurrency has not entirely broken above the resistance at $40,000, especially with immense resistance presented by the 200 Simple Moving Average (SMA) on the four-hour chart. At the time of writing, BTC trades at $38,800 following a minor rejection from The post Bitcoin Price Forecast: BTC bulls’ bid for $40,000 delayed at $39,000 key technical level appeared first on Coingape.
