-
BTC/USD: Presses Higher on Thursday
Bitcoin is experiencing upward pressure, with the potential for a breakout in the near future. However, short-term pullbacks may still occur. Currently, Bitcoin is hovering around the critical $47,500 level, which has proven significant multiple times in the past. The recent rally to this level is not surprising, as Bitcoin appears determined to break through. Investors are eyeing opportunities to buy during short-term pullbacks, particularly when Bitcoin nears the 20-day Exponential Moving Average and the $40,000 level. The $40,000 level also coincides with the 50-day EMA, adding further significance to this price ... (full story)