Bitcoin Closes Below 100 SMA, Indicators Suggest Greater Drop To $ 10K

Bitcoin was unable to break through the $ 11,000 resistance and started a new decline against the US Dollar. BTC is now well below the 100 SMA (H4) and it could decline further towards $ 10,000. Bitcoin once again failed to erase the $ 10,950 and $ 11,000 resistance levels. The price is now trading … Read more