Bitcoin flips multiple moving averages, faces key resistance levels at $25k Quick Take
- Bitcoin has reclaimed over $24,500 and has flipped multiple-day moving averages in the process.
The 60 DMA is $20,184
The 120 DMA is $19,059
The 200 DMA is $19,717
- However, the 200-WMA has been a reliable support level for Bitcoin in previous bear market cycles, which currently stands at $24,957.
- While the 360-DMA currently stands at $25,398, another indicator of support.
Analyst 
James Van Straten
James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.
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