Bitcoin Continues to Grind Sideways | Crypto Craft

  • Bitcoin Continues to Grind Sideways

    From dailyforex.com

    Bitcoin has had a rather quiet session on Thursday as we continue to hang around the crucial $40,000 level. The $40,000 level course will attract a lot of attention and therefore I think is going to be difficult to overcome. Just above the $40,000 level, we also have the 50-Day EMA indicator coming into the picture, so that comes with its own set of problems as well. That being said, if we can break above the 50-Day EMA, then it is likely that we could you look into the $4200 level, and then of course the 20-Day EMA. Breaking above that then opens up the possibility of going even higher, perhaps reaching the $47,500 ... (full story)

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ar007
Jan 26, 2024 9:08am
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Thanks Christopher, frankly said, more or less you are right. But the article you wrote, frankly said, is already out of date. With that being said, I think people currently buying BTC. Frankly said, they think GBTC sell off is significant thing, but it has an end.
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