TA: Bitcoin Attempts Recovery, Why 100 SMA Holds The Key

Bitcoin price extended its decline below $32,000 before recovering higher against the US Dollar. BTC is back above $32,500, but it must clear the 100 hourly SMA to continue higher. Bitcoin started an upside correction after it traded towards the $31,500 zone. The price is now trading near $33,000 and the 100 hourly simple moving […]

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Author: toutiao