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Bitcoin Continues to See Buying Despite Global Fears
Bitcoin continues to see a lot of noise, as traders are trying to turn things around, after what had been a massive selloff. Bitcoin has rallied quite nicely during the trading session on Tuesday in a bit of a surprise move as we are starting to see Bitcoin used more like a safety asset these days or perhaps just ignoring the fact that most of the world is in a frenzy. With that being said, I'm watching the 50-day EMA very closely and if we can break above it, it could open up the possibility of a move all the way to the $84,000 level. Bitcoin has been very resilient as of late and therefore I think that short-term ... (full story)