Bitcoin 'make or break moment' hangs on $46K BTC price support — Research

BTC price weakness leaves just two lines of defence nearby, ARK Invest warns, while Bitcoin spawns underwater investors.

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Bitcoin (BTC) is at a “make-or-break moment” as it faces a duel with crucial support, new research warns.

In its latest monthly report, US investment management firm ARK Invest said key BTC price levels are now $52,000 and $46,000.

Bitcoin has failed to bounce significantly after finishing August down nearly 9%, ARK Invest summarizes, and there is plenty for bulls to worry about.

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