Bitcoin Breaks Above $46K, Resistance at $48K-$51K
- Date: 29-Mar-2022
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Bitcoin Breaks Above $46K, Resistance at $48K-$51K
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Bitcoin (BTC) buying activity accelerated over the weekend as momentum signals turned positive.
The cryptocurrency broke above initial resistance at $46,000, although stronger resistance at the 200-day moving average, which is now at $48,289, could stall the relief rally.
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