Bitcoin Price Is Showing Early Signs of Recovery But 100 SMA Is The Key
Bitcoin has bounced back from its support level near $60,600 and is currently facing resistance at around $63,000 and the 100 hourly Simple moving average. A break above the $63,200 level might generate further upward momentum; failure to do so could lead to another drop.
Source: www.newsbtc.com ↗
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