Name: Bitcoin Falls Under $40K Resistance Level as Buyers Take Profits
Uploaded: 2021-07-30T14:13:00.000Z
Duration: 6 min 31 s
Description: Bitcoin traded sideways Thursday as buyers appeared to be exhausted near the $40K resistance level. The cryptocurrency is up about 23% over the past week, a gain driven by improving sentiment and short covering. Jesse Proudman, co-founder and CEO of crypto robo-advisor Makara, discusses the outlook for bitcoin as the current rally takes a breather.

CD20$2,030.471.38%BTC$73,515.090.78%ETH$2,000.981.50%XRP$1.321.61%SOL$82.181.11%

Bitcoin Falls Under $40K Resistance Level as Buyers Take Profits | CoinDesk Videos

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CD20$2,030.471.38%BTC$73,515.090.78%ETH$2,000.981.50%XRP$1.321.61%SOL$82.181.11%

Bitcoin Falls Under $40K Resistance Level as Buyers Take Profits | CoinDesk Videos