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Bitcoin Continues to Wrestle With $40,000
Bitcoin rallied significantly during the early hours on Wednesday, but the $40,000 level seems to be an area that is causing some issues. Furthermore, we have the 50-day EMA just above that comes into the picture as potential resistance, and it is worth noting that we have pulled back from that moving average, at least so far. video This tells me that the market is going to have to put serious effort in, in order to take off to the upside. If we can get a daily close above that 50 day EMA, then I think it's very likely that Bitcoin will continue to go higher. After all, it is worth noting that Bitcoin has done ... (full story)