Bitcoin: Resistance At The 100D SMA

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Published Jul 28, 2021

The price of Bitcoin has encountered some resistance at the 100 day simple moving average (SMA), after easily clearing the 50D SMA a few days ago. The 100D SMA happens to correspond to the top of the daily candles we saw back in June. Can the price of Bitcoin move past this range, or are we going to be stuck playing in the sandbox for a while longer? Let me know where you think the price of Bitcoin is headed in the comments!

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Disclaimer: The information presented within this video is NOT financial advice.

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Bitcoin: Resistance At The 100D SMA

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