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BTC/USD: Looking Stronger
Bitcoin broke above a major barrier during the trading session on Wednesday, kicking off what I think is going to end up being a nice recovery here. Bitcoin has been stymied by the crucial $95,000 region, and I think that is going to be something that we need to pay close attention to. With that being the case, the market now looks as if it's going to set its sights on the 200-day EMA, which is at the $99,600 area. Anything above there opens up a move to the $107,000 level, given enough time. This is my target, but it will take some time to get there. Short-term pullbacks should continue to attract a lot of ... (full story)
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