Bitcoin lower but remains above the 100/200 hour MAs - ConsultFX

Bitcoin lower but remains above the 100/200 hour MAs

Yesterday MAs held on the dip Bitcoin on Monday shot pushed higher and in the process, moved back above both the 100 and 200 hour MAs.  Since then, the price has been able to stay above both MA levels.  Yesterday, the price dipped, but bounce against both (see blue and green lines in the chart below).