The Bitcoin market looks as if it is trying to turn things around, as the world is trying to find value here. Bitcoin is very noisy during the early hours on Wednesday, but in a good way for once. In fact, we did manage to break above the $72,000 level. Now we have to start to ask questions, is Bitcoin perhaps getting a little bit of a boost at this point? Ultimately, the 50-day EMA is worth watching. It is at $74,428, but I do think that we are in the process of perhaps trying to form something along the lines of a rounding bottom. You can make an argument that the volume dropping and then accelerating to the upside ... (full story)