Bitcoin’s Rally Faces Initial Resistance at $45K-$47K, Support Is at $40K

Bitcoin (BTC) continues to rally toward the $45K-$47K resistance levels. The outlook for BTC is less bearish after holding above the $40K support level over the weekend. Still, long-term momentum remains negative, which could stall a full price recovery.Read MoreCoinDeskBitcoin (BTC) continues to rally toward the $45K-$47K resistance levels. The outlook for BTC is less bearish after holding above the $40K support level over the weekend. Still, long-term momentum remains negative, which could stall a full price recovery.