“After a breakout (BTC above ~$25,000), it’s important to pay attention to pullbacks to gauge the buy strength remaining,” bitcoin mining equipment and hosting provider Blockware Solutions Analysts wrote in a newsletter on Friday. “In this case, BTC flashed some pretty bullish signals, as buyers quickly stepped in at the 50-day [simple moving average].”
The ‘worst quarter’ because the FTX collapse is lastly behind us
The election of US President Donald Trump was speculated to usher in a golden period of crypto. Though the regulatory...