Bitcoin grinding 4hr EMA 12 (bulls in full control)

28 Nis 2020

Bitcoin is grinding the 4 hour EMA 12, as long as it holds, bulls have full control. Losing the 4 hour higher low at $7650 we will look for a daily higher low compared to $6750. Reaching a resistance area, top of the move and the 26 period EMA in the weekly. We are less than 2 weeks from the halving, some non bitcoin investors are buying to speculate and this can keep pushing the price up. Breaking through this area there's no resistance until $9250.