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BTC/USD: Dip Buying Emerges at $115K Support
Bitcoin has plunged during the trading session on Monday to test the crucial 50 day EMA only to turn around and least show some signs of life. So, we'll have to wait and see how this plays out. But I think you've got a situation where value hunters have returned to the market in order to take advantage of cheap coins. This is a market that's been extraordinarily bullish until the last couple of days. And of course, there are going to be a lot of questions asked about the overall attitude of markets right now, not just in Bitcoin, but in many other markets. Ultimately, I think you have to look at this as a market that ... (full story)