BTCUSD Consolidates Above 200-day SMA

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2022/06/f-bitcoin33.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2022/06/f-bitcoin33.jpg 612w, https://www.actionforex.com/wp-content/uploads/2022/06/f-bitcoin33-600×400.jpg 600w, https://www.actionforex.com/wp-content/uploads/2022/06/f-bitcoin33-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2022/06/f-bitcoin33-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>BTCUSD reclaims crucial 200-day SMA, posting 2-month high Trades flat in the past few daily sessions Momentum indicators are heavily tilted to the bullish side BTCUSD (Bitcoin) had been forming a structure of higher highs and higher lows since its bounce off the September bottom of 24,915. Moreover, the price jumped above the 200-day simple moving average [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/523751-btcusd-consolidates-above-200-day-sma/">BTCUSD Consolidates Above 200-day SMA</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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