Bitcoin shot up from support established at $53,000. The approached to $60,000 was gradual but steady. Bulls took down several resistance levels, including the 100 Simple Moving Average (SMA), the 50 SMA, and the 200 SMA. However, an immense seller congestion zone at $58,000 became a hard nut to crack.
Bitcoin Price Analysis: BTC treading on shaky ground as hope for $60,000 diminishes
coingape.com
07 May 2021 04:18, UTC