Bitcoin Facing the Next Challenge Above $27,000, As Cryptos Benefit From Uncertainty
It seems like the crypto winter is over, or will be over soon if Bitcoin takes out the last obstacle, which would put it in a strong bullish position. Bitcoin was making lower highs since November 2021 when the crypto winter started and moving averages were acting as resistance, particularly the 20 SMA (gray) and the 200 SMA (purple).