- BTC/USD recovered from $3,900
- The upside momentum is fading away.
Bitcoin (BTC) managed to recover from $3,900, though it is still below $4,000 handle. The first digital coin is changing hands at $3,977 at the time of writing following a short period of strong growth during early Asian hours. We may be entering another consolidation phase as the upside momentum recedes on approach to the critical resistance,