Bitcoin Bulls are Back in Action!
Bitcoin has broken through $10.560 and found resistance at $10.800.
Now the $10.560 has been retested and the price of Bitcoin is in a Falling wedge, which is a bullish formation.
I expect the gains of Bitcoin to be extended today, reaching $10.800 area.
IEMA's.
Bitcoin has broken through 20 and 50 EMA and retested 50 EMA ($10.560), as long as BTC is above $10.560, it's bullish.
Good luck with Bitcoin today and through weekend!
Tibor
Now the $10.560 has been retested and the price of Bitcoin is in a Falling wedge, which is a bullish formation.
I expect the gains of Bitcoin to be extended today, reaching $10.800 area.
IEMA's.
Bitcoin has broken through 20 and 50 EMA and retested 50 EMA ($10.560), as long as BTC is above $10.560, it's bullish.
Good luck with Bitcoin today and through weekend!
Tibor
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