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Bitcoin: Continues to Sit Still on Wednesday
Bitcoin initially did rally a little bit during the trading session on Wednesday, but it's probably worth noting we are essentially in the middle of a larger consolidation area, so it's not a huge surprise, to see that, you know, we just don't have the momentum to continue going higher. That being said, I do like Bitcoin, and I do think that short term pullbacks will almost certainly offer buying opportunities that people are willing to take advantage of. The 50 day EMA underneath offers a significant end support level, while the $60,000 level underneath is a massive support level as well. With that being said, I ... (full story)