TA: Bitcoin Just Saw Key Technical Correction, But 100 SMA Is Still Strong

Bitcoin price extended its rise above the $11,500 resistance against the US Dollar. BTC is correcting lower from $11,700, but it is likely to find support near the 100 hourly SMA. Bitcoin broke the key $11,500 resistance level and traded to a new weekly high at $11,724. The price is currently correcting lower below $11,500, […]
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Author: toutiao