Bitcoin Struggles to Break Above $6,400 as 100-Week Moving Average Holds as Resistance Level

Crypto investors have been celebrating as Bitcoin has been able to extend its upwards momentum as the cryptocurrency nears the $6,400 level, which is seen by many analysts as being a critical price point that must be broken above in order for the momentum to continue.

Bitcoin is now pushing up against its 100 Week MA-Major Resistance level, which one analyst believes may lead the cryptocurrency to surge significantly higher, assuming it is decisively broken above.

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