#JoinCreatorCertificationProgramToEarn$10,000 BTC price stuck between two trendlines
Bitcoin’s recent recovery was rejected by resistance from the yearly open at $93,300, which coincides with the 200-period simple moving average (SMA), as shown on the four-hour chart below.
This move, however, saw BTC/USD find support at the $89,000-$90,500 demand zone, where the 50 and 100 SMAs currently are.
BTC price stuck between two trendlines
Bitcoin’s recent recovery was rejected by resistance from the yearly open at $93,300, which coincides with the 200-period simple moving average (SMA), as shown on