Bitcoin Holds Short-Term Support; Faces Resistance at $41K
Upside momentum has been weak, which means the corrective phase from May is not yet complete.
BTC is up 9% over the past 24 hours.
BTC is down about 22% over the past seven days.
Bitcoin is down about 12% over the past seven days and was trading around $33,000 at press time.
Bitcoin’s "death cross" could increase selling pressure into the weekend.
BTC buyers struggled near $40K resistance this week. Upside appears to be limited.