Bitcoin

<h2 id="bitcoin-rebounds-above-37-750-but-faces-resistance-at-38-500">Bitcoin rebounds above $37,750 but faces resistance at $38,500.</h2>
<ul> 
 <li> According to <a href="https://www.coingabbar.com/en/price-analysis" class="f-link">Coingabbar Technical Analysis</a>, Bitcoin encountered resistance at $38,500, causing sideways movement in late November. </li> 
 <li> Unsuccessful attempts to breach $38,500 signal weakening bullish momentum. </li> 
 <li> Bulls may return with an expanding channel pattern, offering dynamic support on the <a href="https://www.coingabbar.com/en/crypto-currency/bitcoin-btc-prices-usd" class="f-link">BTC</a> daily chart. </li> 
 <li> A breakthrough of the $38,500 resistance could propel the price to $40,000-$42,000. </li> 
 <li> Failing to surpass $38,500 may prompt a retest of $37,500-$36,800 near channel support. </li>
</ul>
KEY LEVELS : 
RESISTANCE LEVEL : $38,450-$38,900 
SUPPORT LEVEL : $37,700-$37,300 
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.

BITCOIN TECHNICAL ANALYSIS CMP-Dollar 38,040: Bulls struggle to surge

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