Skip to content

Bitcoin Bulls Defend Against a Drop Below 200-Day EMA; What Comes Next?

It has been a rough day for the benchmark cryptocurrency. After flashing some signs of weakness, Bitcoin briefly dipped below $9,000 earlier today before incurring enough buying pressure to propel it back above this level.

This decline led BTC down towards its 200-day moving average, which has so far been defended by bulls.

The 200-day MA has historically governed both uptrends and
Read Full Article…