You are viewing a single comment's thread from:

RE: Bitcoin (BTC) Evening Update: Pathway to $12,482

in #bitcoin6 years ago

Imo the strong pressure is from the EMA 20 which BTC has NEVER breached since the beginning of the downfall at 17k. And the EMA20 is now around 9,250. A breakout with volume above 9,250 followed by a retest where the EMA20 turns into support should pave the way for 12,000 I believe.