Bitcoin Grinds Higher, But BTC Faces Critical Hurdle as it Nears Key Resistance Level4.4

Bitcoin has been able to climb somewhat higher after finding relative levels of support in the low $3,900 region. Although its ability to maintain stability is certainly positive, BTC is getting closer and closer to the ever-so important $4,000 level, which could mean that significant volatility is on its way.

Analysts are now expressing a somewhat cautiously bullish sentiment when it comes to the cryptocurrency, as it is showing some bullish signs, but must soon face an important hurdle at the $4,000 level.

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