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Can Bitcoin Break the 200-Day EMA Despite Rising US Yields?
That being said if we do break above the 200-day EMA then the $84,000 level offers a target. If we're breaking above there anytime soon then I think $95,000 makes a lot of sense, all things being equal. I do think that one thing that you have to pay close attention to when it comes to Bitcoin is that it refused to fall apart and that is sometimes what you're looking for. You're looking for what the market won't do, not necessarily what you think it will do. And it just doesn't make sense that Bitcoin is rallying for most people but again price is truth and price is telling us that Bitcoin eventually wants to go ... (full story)