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Bitcoin Price Reclaims 100 SMA But Can Bulls Clear This Hurdle

07/02 11:01

Bitcoin price is consolidating above the $42,500 support zone. BTC could gain bullish momentum if it clears the $43,500 resistance zone. Bitcoin price is still struggling to clear the $43,400 and $43,500 resistance levels. The price is trading above $42,500 and the 100 hourly Simple moving average. There is a key rising channel forming with support at $42,450 on the hourly chart of the BTC/USD... source: https://www.newsbtc.com/analysis/btc/bitcoin-price-reclaims-42500/

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