Bitcoin’s Price Refused to Break at $76K, but $79K Won’t Give

Bitcoin’s price is back near $77,800 after buyers stepped in around $76,370 and turned an ugly overnight drop into a fast rebound. The strange part is that the charts now look considerably better without actually resolving much of anything. Short-term momentum is picking up steam, the longer moving averages remain firmly positive, and yet bitcoin […]
Key Takeaways
- Bitcoin’s price is back near $77,800 after buyers stepped in around $76,370 and turned an ugly overnight drop into a fast rebound.
- The strange part is that the charts now look considerably better without actually resolving much of anything.
- Short-term momentum is picking up steam, the longer moving averages remain firmly positive, and yet bitcoin […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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