Bitcoin(BTC) price recovered above $33,000, but it failed to climb above $35,000 against the US Dollar. BTC is retreating from the 100 hourly SMA and it could extend its losses. Bitcoin started a decent recovery and it climbed above the $34,000 level. The price is now facing hurdles near $34,000 and the 100 hourly simple moving average.
Cryptocurrencies are becoming increasingly popular all the time. In reality, new investors seem to be searching for the best investments in Cryptocurrency, that they can invest in today. Maybe when you first heard of Cryptocurrencies, your first thought was how bad they are. However, as time goes on, more people seem to realize the value that they can add to their portfolios. When you think about it, the value that can be added to your portfolio through investing in Cryptocurrency is almost infinitely higher than investing in any other type of investment.
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