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Bitcoin Falls Below $107K, Bulls Need to Defend $99.9K 365DMA Support
Bitcoin ($BTC), the flagship crypto asset, is hovering between key price support levels. At the moment, the price is below its 200-day moving average (200DMA) of $107.4K and above the 365DMA of $99.9k. As per the data from Glassnode, while moving within the noteworthy support levels, Bitcoin ($BTC) is facing notable pressure. However, to get stability, the crypto asset reportedly requires to stay above the 365-day moving average (365DMA). Based on the market data, the current price of Bitcoin ($BTC) is sitting below the $107.4K mark, which is the 200-day moving average (200DMA). In this respect, it is going through ... (full story)
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