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Bitcoin Continues to Fight. Will it Continue?
Bitcoin continues to see a bit of upward pressure, as we are trying to turn the entire market around. Bitcoin has rallied a bit during the session here on Monday to show signs of life yet again. Ultimately, this is a market that I think is in the middle of turning things around. We are breaking above the 50-day EMA and if you’ve been watching me here at Daily Forex, you know that I’ve been talking about this $72,000 region as being important. Now that we are above there, if we can sustain above this area, eventually I think Bitcoin will go higher. I think we are in the midst of trying to turn this whole thing ... (full story)
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