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Bitcoin Drops Slightly on Thursday
Bitcoin has pulled back just a touch in the early hours here on Thursday as the 50-day EMA continues to offer a little bit of resistance. The 50-day EMA offered resistance on Wednesday, so a little bit of a pullback from there could be a potential opportunity and I do think that short-term pullbacks will probably attract attention because we are in the midst of forming a little bit of a rounding bottom with the volume following right along how you want to see it. If we can take out the 50-day EMA to the upside, I think that will bring in more FOMO and we will go looking to the $84,000 level. The $60,000 level looks ... (full story)
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