Bitcoin » BTC/USD technical analysis
Bitcoin breaks above 21 EMA resistance in 5 waves
Bitcoin (BTC/USD) made a bullish bounce at the 78.6% Fibonacci retracement level. It was followed by a bullish breakout above the 21 ema resistance zone.
But price action still faces hefty resistance (red box) from the previous top and long-term moving averages.
Price action managed to…
Read More...