Bitcoin (BTC) buyers defended support during Asia hours as the short-term uptrend persists. The cryptocurrency is near $40,000 resistance at press time and is up about 6% over the past 24 hours. The previous attempt at $40,000 on Monday triggered overbought readings, which preceded a near 10% pullback. However, buyers have been active at lower support around $34,000-$36,000. The relative strength index (RSI) is overbought on the four-hour chart, which could trigger some profit taking. Bitcoin is roughly 20% above the 100-period moving average on the four-hour chart. The most recent above average extension was seen in ... (full story)