BTC Price Analysis: Strong Weekly Close Favors Bulls

Bitcoin (BTC cost ) had another very strong week, with all the ETF hype continuing to apply upward pressure to cost action.  STRONG WEEK FOR BTC PRICE BULLS Bitcoin price punched throughout the 200 daily EMA early on Monday Morning, at which it immediately became support and also provided a Launchpad into the 1.618 Fibonacci goal of $8,515 from Tuesday. Utilizing Bitfinex long-Short data; a notable 22 percent of long positions were shut from the run-up into the highs from
Read More
The post BTC Price Analysis: Strong Weekly Close Favors Bulls appeared on Bitcoinist.com. […]

Leave a comment