Bitcoin has rallied significantly during the course of the trading session on Thursday, as we have seen the $60,000 level offer significant support. By doing what it has done during the day, it suggests that we are ready to go higher, and given enough time I think we in fact do just that. The 50-Day EMA is hanging around in the middle of the last couple of candlesticks, and therefore I think a lot of technical traders are starting to come back into this market.The technical analysis for Bitcoin is rather straightforward, as we are in a significant uptrend, with the $60,000 level course offering a lot of psychological ... (full story)