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

News.Bitcoin.com
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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

  1. 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.
  2. The strange part is that the charts now look considerably better without actually resolving much of anything.
  3. Short-term momentum is picking up steam, the longer moving averages remain firmly positive, and yet bitcoin […]
Read Full Article on News.Bitcoin.com

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.