Bitcoin Flirts With Key Resistance: Here’s Why 100 SMA Could Spark New Rally

Date : 07/01/2020 @ 4:58AM
Source : NEWSBTC
Stock : Bitcoin (BTCUSD)
Quote : 9231.03000000  -113.58000000 (-1.22%) @ 9:34PM

Bitcoin Flirts With Key Resistance: Here’s Why 100 SMA Could Spark New Rally

Bitcoin is consolidating above the $9,100 level against the US Dollar. BTC could start a strong increase towards $9,500 as long as it is above the 100 hourly SMA. Bitcoin is currently trading in a contracting range below the $9,300 resistance. The price is holding the $9,000 support and trading above the 100 hourly simple […]

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