Hey, crypto enthusiasts! đ
Since October, the Bitcoin (BTC) price has been consolidating in a range of $3,400, trapped between the 50-day and 200-day simple moving averages (SMAs). Resistance at $63,525 remains a hurdle, while support lies at $60,777.
- BTC is in a tug-of-war between buyers and sellers.
- BTC volatility is low, suggesting the price could remain stable for a few more weeks.
What do you think? Will BTC break the resistance soon? Leave us your comment!
