“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].”
Bitcoin’s Most-Cited Bear Market Indicator Hasn’t Triggered Yet.
Bitcoin’s Most-Cited Bear Market Indicator Hasn’t Triggered Yet. The One Most People Watch Already Has. The Difference Matters.Two different signals,...
