Bitcoin Price Recovery Faces Hurdle, Why 100 SMA Presents Resistance

in #gjdkhls • 2 years ago

Bitcoin price has gained bearish momentum below the $22,000 support zone. BTC declined below the $21,200 and $21,000 support levels before bulls appeared.

A low was formed near $20,797 and the price started a short-term upside correction. There was a minor upside move above the $21,000 level. Besides, there was a break above a major bearish trend line with resistance near $21,270 on the hourly chart of the BTC/USD pair.

#epkdh #ybdt
2 years ago in #gjdkhls by
$0.00
  • Past Payouts $0.00, 0.00 TRX
  • - Author $0.00, 0.00 TRX
  • - Curators $0.00, 0.00 TRX
486 votes
Reply 0

Coin Marketplace

STEEM 0.21
TRX 0.13
JST 0.029
BTC 67557.12
ETH 3500.56
USDT 1.00
SBD 2.70