-
BTC/USD: Ready to Roll Over?
The BTC/USD didn’t do much during the training session on Friday as we continue to hover right around the $23,500 level. However, the Thursday candlestick was a shooting star, and we are starting to see strength in the US dollar in the Forex markets. That might be reason enough to see Bitcoin struggle a bit, but the fact that we did not sell off during the very volatile Friday session is probably one thing to take away in the “strong column.”Breaking down below the $23,000 level opens a big move to the downside, to reach out to the 200-Day EMA at the very least. We have clearly run out of momentum, but that’s ... (full story)