Is BTC Price Ready To Break Above The Resistance Zone Of $40K?

Bitcoin price weekly technical chart hints towards a consolidated trend and can soon see a strong move. On coming to the daily chart, the coin price is currently in an upside move. Bitcoin upside momentum may see a hostile region near 40k. Meanwhile, on the downside mode, the coin bounceback can be seen near 35k. If the asset price sees a momentum for 15 to 20% then a new high can be seen.