On Friday, Bitcoin experienced a slight pullback, primarily influenced by the volatile jobs data. Nevertheless, one consistent trend in the Bitcoin market is the eagerness of buyers to seize opportunities when prices dip. The $40,000 level has emerged as a crucial support, particularly after a notable candlestick pattern observed on Wednesday. Adding to its significance is the presence of the 50-day Exponential Moving Average (EMA) in the same vicinity, attracting attention from traders. In the foreseeable future, it appears that Bitcoin may target levels around $46,000 and potentially $47,500. However, caution is ... (full story)