Bitcoin Continues to Test the 200 Day EMA

From dailyforex.com

Bitcoin has pulled back a touch in the early part of the Monday session, as we are likely to continue to see the 200-Day EMA offering a bit of a wall. Bitcoin has pulled back slightly during the trading session on Monday as we continue to see quite a bit of reaction to the 200-day EMA. That being said, this is a market that I think will continue to see a lot of buyers, especially on dips. After all, the market has been very bullish for some time, and this was even despite the fact that we have seen wars break out. It is still a situation where the Bitcoin market has ignored all of that and just simply started to ... (full story)