Bitcoin (BTC) Price Watch: Next Upside Hurdles to Clear

Bitcoin Price Key Highlights

Bitcoin price broke to the upside of its short-term consolidation pattern to signal bullish pressure. Price has yet to bust through several upside hurdles to confirm that buyers are in control. Technical indicators are mostly suggesting that the drop could still resume.

Bitcoin price made a short-term upside break but still faces several upside hurdles before sustaining the rally.

Technical Indicators Signals

The 100 SMA is still below the longer-term 200 SMA...

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