The price of bitcoin is trading at its highest level since November 8, and in the process today, is back above its 100 day moving average at $17,895.37.
The last time the price traded over its 100 day moving averages back on November 8. The price closed above the 100 day moving average for three days around that date.
On more upside momentum, the 200 day moving average is up ahead at $19,516.91. The price is not traded above its 200 day moving average since the end of December 2021
Bitcoin is trading back above its 100 day moving average
Buyers making a play in Bitcoin. Can they stay above the 100 day MA now and push above the 200 day MA down the road.
