Bitcoin (BTC) Treads Water After Brief Visit to Sub-$39,000
A 3-day losing streak came to an end for $CLEARSHARES PITON INTERMEDIATE FIXED INCOME ETF (BTC.US)$ on Saturday. Another return to sub-$39,000 levels was brief, with Bitcoin closing out at the $39,000 level for a 2nd consecutive day.
Partially reversing a 7.82% slide from Friday, Bitcoin rose by 0.65% to end the day at $39,407. A day high of $39,596 came short of testing resistance at $40,000 and the day’s First Major Resistance Level at $41,576.
While Bitcoin had a range-bound session, Ripple’s XRP and Terra (LUNA) saw impressive gains.
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