According to BlockBeats news, on December 25, Material Indicators co-founder Keith Alan pointed out that the Bitcoin price is currently stuck between the 21-day moving average and the 50-day moving average (SMA).
The two moving averages are around $99,600 and $94,650 respectively. Bitcoin has been using the 21-day moving average as support since mid-October, before falling below it this week, while the support from the 50-day moving average remains valid. (Cointelegraph)
