TA: Bitcoin Struggles Near $56K, Here’s Why 100 SMA Is The Key

Aayush Jindal  

Bitcoin price spiked above the $56,000 resistance against the US Dollar, but it failed to continue higher. BTC is could correct lower, but the 100 hourly SMA is likely to provide support. Bitcoin extended its rise above the $55,500 and $56,000 resistance levels. The price is now trading well above $54,000 and the 100 hourly […]