
As Bitcoin Teases 100-Day Average, Prominent Traders Say Latest Crypto Bounce Looks More Constructive Than August
Risk assets seem to be breaking out bullishly, with bitcoin challenging its 100-day simple moving average (SMA) that aborted the August rally. The resistance at $20,882 could be convincingly toppled this time, as prominent traders think the latest market bounce is more long-lasting than the one seen two months ago.