Moving average is a widely used Technical indicator . As of now BTC made a bullish candle after taking support from 200 SMA .Can rally to 54600 as it is a Fibonacci level and 100 SMA is near by.
Yesterday on daily chart BTC have made a Reversal Candle. The reversal point is a key level as it is Fibonacci 78.6% . It also have a support at 59030 which is a Supply Zone.