In the past few days, bitcoin price started a steady recovery wave from the $9,810 swing low against the US Dollar. BTC broke a couple of key hurdles near the $10,350 and $10,400 levels to move into a positive zone. There was also a break above the $10,600 level and the 55 simple moving average (4-hours). The bulls pushed the price above the 23.6% Fib retracement level of the downward move from the $12,098 high to $9,810 low. It even broke the $10,800 resistance, but it struggled to clear the $10,950 and $11,000 resistance levels. It seems like the price struggled to clear the 50% Fib retracement level of the ... (full story)