Hello fellow crypto traders/investors. As we can see form the chart below Bitcoin has bounced off the 50 Day SMA(standard moving average) for 3 days in a row and will test its previous resistance of around $9,000 at the 100 day SMA. What are your thoughts on this price strength confirmation on the 50 day? Do you believe it will break the 100 Day resistance and create new relative highs or will be come down below the 50 day SMA?
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