BTC still struggling out to break the daily resistance zone

in LeoFinance3 years ago

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Bitcoin hashrate is increasing slowing after the china crackdown. Miners shifted to new location and alternate energy sources. This is good for BTC as it makes the network more decentralized and distributed.

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#BTC still struggling out to break the daily resistance zone but still managed to hodl above the $46,850 level working as support. The daily candle also didn't give a close above $49,500. Now, #BTC respecting the 100-period Moving Average as a support, which is bullish.

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