BitcoinLong
This Is Why Bitcoin Will Rise
Despite alts dropping into the abyss, I think there's been a lot of bullish sentiment around bitcoin.
Starbucks is teaming with Microsoft to accept cryptocurrency in every location. This is huge for crypto.
As you can see on the daily chart price bounced off the 50 ema. This provides support for a further move up which will be 9.4k - 10k
Note the strong resistance at 8.6k
IF however we break below the 50 ema my buy zone is from 6.7k - 6850.
Crucial to get above the 200 ema and stay above it
Starbucks is teaming with Microsoft to accept cryptocurrency in every location. This is huge for crypto.
As you can see on the daily chart price bounced off the 50 ema. This provides support for a further move up which will be 9.4k - 10k
Note the strong resistance at 8.6k
IF however we break below the 50 ema my buy zone is from 6.7k - 6850.
Crucial to get above the 200 ema and stay above it
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