Bitcoin Slides Below $38K, Support Is Above $35K

Bitcoin (BTC) remains in an intermediate-term downtrend since November. Resistance around $38K capped a brief price bounce, suggesting limited upside as momentum wanes. Initial support is at $35K, and stronger support at $30K remains intact.Read MoreCoinDeskBitcoin (BTC) remains in an intermediate-term downtrend since November. Resistance around $38K capped a brief price bounce, suggesting limited upside as momentum wanes. Initial support is at $35K, and stronger support at $30K remains intact.