Bitcoin Price Encounters Resistance — Traders Eye Breakout or Rejection

Bitcoin Price Encounters Resistance — Traders Eye Breakout or Rejection. Bitcoin price started a fresh decline and tested the $103,200 zone. BTC is now recovering and facing hurdles near the $107,000 zone. Bitcoin started a recovery wave above the $105,000 zone. The price is trading above $105,000 and the 100 hourly Simple moving average. There is a connecting bullish trend …