Bitcoin Rebounds Sharply: Here’s Why 100 SMA Could Trigger More Gains

Bitcoin is surging and it recently tested the $9,400 support area against the US Dollar. BTC price is likely to continue higher towards $10,000 as long as it is above the 100 hourly SMA. Bitcoin is showing positive signs above the $9,650 and $9,700 levels. There was a sharp rebound after the price declined towards...