TA: Bitcoin Just Saw Key Technical Correction, But 100 SMA Is Still Strong
BTC is fixing lower from $11,700, however it is most likely to discover assistance near the 100 per hour SMA.Bitcoin broke the essential$11,500 resistance level and traded to a brand-new weekly high at$11,724. The rate is presently fixing lower listed below $11,500, however it is above the 100 per hour easy moving average. It is presently checking the 50%Fib retracement level of the current boost from the$11,199 low to $11,724 high.Bitcoin rate trades listed below$11,500.
