Altcoins posed a solid show over the last week with Ethereum (ETH) leading the pack and moving past $1,500 as of press time. On the other hand, Bitcoin’s performance remains relatively subdued!
While gaining 10% over the last week, BTC continues to face strong resistance at its 200-week moving average. Facing rejection at its 200-week moving average, BTC is currently trading at $22,102 levels.
That damn 200-week moving average just keeps being a sticky line for #bitcoin! pic.twitter.com/VnYSTcOcsT
— Lark Davis (@TheCryptoLark) July 19, 2022