Bitcoin Price Faces Heavy Obstacles on Its Recovery Journey

Bitcoin price is attempting to recover from $112,500. BTC is back above $114,000 but faces many hurdles on the way up to $120,000. Bitcoin started a recovery wave above the $113,500 zone. The price is trading below $115,000 and the 100 hourly Simple moving average source: https://www.newsbtc.com/analysis/btc/bitcoin-price-faces-heavy-obstacles-115k/