CoinVoice has recently learned that Keith Alan, co-founder of Material Indicators, pointed out that the price of Bitcoin is currently stuck between the 21-day and 50-day simple moving averages (SMA).

The two moving averages are around $99,600 and $94,650, respectively. Before breaking below the 21-day moving average this week, Bitcoin has been using it as support since mid-October, while the support from the 50-day moving average remains intact. [Original link]