Bitcoin's Latest Test of $4,000 Resistance Comes Up Short: Chart

Bitcoin's Latest Test of $4,000 Resistance Comes Up Short: Chart

(Bloomberg) -- Bitcoin’s February rally has hit the skids in an all too familiar place. The biggest cryptocurrency dropped as much as 5.4 percent on Monday after closing just shy of its $4,000 resistance level on Friday. It probably didn’t help that Berkshire Hathaway Inc. Chairman Warren Buffett referred to Bitcoin as a “delusion” in a Monday morning interview with CNBC.

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