Bitcoin is struggling to break above the 95,000-dollar resistance level.
The price of Bitcoin fell below the 95,000-dollar level last Friday. Since then, this leading digital currency has been struggling to recover, reaching a low of $91,910 on Monday. The movement of Bitcoin's price within a defined range indicates two main levels, which are $95,889 and $92,412, both major exponential moving averages (EMA) as shown in the daily price chart.
The resistance level of $93,000 is critical on Monday, as the price has remained nearly steady over the past 24 hours.
The momentum indicator, which is a
View Original