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BTC/USD: Continues to See Buyers
Bitcoin has rallied a bit during the early hours on Thursday as we continue to bounce from the crucial $110,000 level. The $110,000 level previously had been significant resistance, so a little bit of market memory coming into the picture at this point in time is not a huge surprise. In fact, it would have been somewhat expected due to the fact that although we have been falling for a couple of weeks,Let's be honest here, the Bitcoin market has been in a massive uptrend for ages. The 50-day EMA sits above and near the $114,420 level, and that could offer a little bit of resistance, but I don't think it's a huge ... (full story)
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