Bitcoin continues to ask questions about the $40,000 level - btcUSD bitcointrading BitcoinTrader
At this point, the $40,000 level appears to be a bit of a magnet for price, and perhaps more importantly over the last couple of days, a bit of support. As long as we can stay above there, it is likely that we will continue to see the market try to recover and go higher. That being said, the market looks very likely to be noisy to say the least.
Remember, above all things Bitcoin is a risk asset. This is how institutions tend to look at it, and that is what matters.
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