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Are BTC and ETH Near Breakdown or Rebound? Bitcoin Tests 50W SMA as Ethereum Eyes Upside

Bitcoin price is sitting at an important area as it tests its 50-week simple moving average near $102,000.  This level has supported past market cycles. When it failed in earlier years, the market slipped into deeper declines. Right now, Bitcoin price trades close to $101,500, down about -2.4% in the past day. Even so, it's..The post Are BTC and ETH Near Breakdown or Rebound? Bitcoin Tests 50W SMA as Ethereum Eyes Upside appeared first on 99Bitcoins.

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