Bitcoin Price Clings to $80K While 9 Moving Averages Favor Bears
By Jamie Redman
Bitcoin’s price is clawing its way back toward $81,000, but the technical picture remains a tug-of-war between determined buyers and stubborn sellers. Trading near $80,274, bitcoin faces immediate resistance at $80,500 to $80,900, while nine moving averages favor the bears. The $79,146 swing low is the critical line…
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
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