BTCUSD Rebound Tested by 50-day SMA

<p><img width="612" height="349" src="https://www.actionforex.com/wp-content/uploads/2022/06/f-bitcoin36.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2022/06/f-bitcoin36.jpg 612w, https://www.actionforex.com/wp-content/uploads/2022/06/f-bitcoin36-600×342.jpg 600w, https://www.actionforex.com/wp-content/uploads/2022/06/f-bitcoin36-150×86.jpg 150w, https://www.actionforex.com/wp-content/uploads/2022/06/f-bitcoin36-300×171.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>BTCUSD remains perky after bouncing off 25,000 support But 50-SMA proving to be a difficult obstacle to overcome Can Bitcoin maintain its recovery? BTCUSD (Bitcoin) has extended its rebound from the September 11 low of 24,920. However, the upside pressure has started to wane after coming into contact with its 50-day simple moving average. The [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/519644-btcusd-rebound-tested-by-50-day-sma/">BTCUSD Rebound Tested by 50-day SMA</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>