Bitcoin V-Shaped Recovery Faces Hurdles – Can Bulls Sustain The Momentum?

Bitcoin price corrected losses and traded above the $114,000 level. BTC is now struggling and might face hurdles near the $116,000 level. Bitcoin started a recovery wave above the $113,500 resistance level. The price is trading below $116,000 and the 100 hourly Simple moving average source: https://www.newsbtc.com/analysis/btc/bitcoin-v-shaped-recovery-115k/