[https://bitcoinist.com/bitcoin-is-nearing-key-resistance-as-market-posts-massive-rebound/?utm_source=CryptoNews&utm_medium=app](https://bitcoinist.com/bitcoin-is-nearing-key-resistance-as-market-posts-massive-rebound/?utm_source=CryptoNews&utm_medium=app)
>"One trader explained that he is watching for a break above $40,000 before he flips long on Bitcoin. He notes that this is a crucial level."