Despite Bitcoin’s Key Technical Correction, The 100 SMA Can Trigger A Fresh Rally | NewsBTC

Despite Bitcoin’s Key Technical Correction, The 100 SMA Can Trigger A Fresh Rally | NewsBTC

Bitcoin started a downside correction from the $10,500 area against the US Dollar. BTC declined below $10,200, but it is still holding the key 100 hourly SMA. Bitcoin price failed to climb above $10,500 and corrected lower against the US Dollar. There was a sharp dip below the $10,200 level before the bulls protected the 100 hourly SMA.