Cryptocurrencies: 28611
Markets: 116104
Market Cap: $2,556,044,382,489     
24h Vol: $140,868,279,737
CoinGape 2021-02-02 03:28:19

Bitcoin price holds in consolidation ahead of the anticipated liftoff to $40,000

Bitcoin holds in a tight range between the 50 SMA and the 200 SMA on the 4-hour chart. A breakdown from $38,000 embraced support at $32,000, stopping further losses. Bitcoin must settle above $34,000 and the 200 SMA to confirm the upswing toward $40,000. Bitcoin has managed to hold above $32,000 despite the sharp plunge The post Bitcoin price holds in consolidation ahead of the anticipated liftoff to $40,000 appeared first on Coingape.
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