TA: Bitcoin Lacks Momentum Above $56K, Why Rally Isn’t Over Yet
Bitcoin is showing positive signs above $54,000 against the US Dollar. BTC could accelerate higher if there is a clear break above the $56,000 resistance zone. Bitcoin remains well supported above the $54,500 level. The price is now trading above $55,000 and the 100 hourly simple moving average. There is a key declining channel forming…
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