Bitcoin Price Respects Support Zone — Bulls Eye Fresh Rally

Bitcoin price remained supported above the $107,500 zone. BTC is now recovering losses and might aim for a move above the $109,200 resistance. Bitcoin started a recovery wave above the $108,000 zone. The price is trading above $108,500 and the 100 hourly Simple moving average source: https://www.newsbtc.com/analysis/btc/bitcoin-price-respects-support-107500/