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BTC/USD: Swings Between Key Moving Averages
The Bitcoin market has been all over the place during the trading session here on Tuesday as we have bounced back and forth between the 50-day EMA above and the 200-day EMA below. Ultimately, this is a market that I think continues to see a lot of volatility right around the $110,000 level. We have seen a massive push higher, but this is a market that I think doesn't really know what to do with itself right now. And that makes sense considering everything that we see out there with the precious metals markets, everybody's starting to wonder what's breaking. If that's the case and risk appetite gets eviscerated, it's ... (full story)
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