Bitcoin<\/a> finds itself bouncing around between the 200-day EMA and the 50-day EMA indicators. This, of course, typically leads to some type of volatility, so I am very interested in watching Bitcoin at the moment due to the fact that we could have a fairly big move just waiting to happen. Just above the 50 day EMA, we have the $90,000 level, which of course is a large round psychologically significant figure and if we can break above there, then it opens up a move towards the $100,000 level. On a breakdown from here, we could see the 200 day EMA offers support, but if we break down below there, the $82,500 level could be your next target.<\/p>\nI do expect a lot of volatility, and you have to keep in mind that Bitcoin desperately needs some type of risk on behavior as traders will continue to treat it very much like a risky asset. Furthermore, you have to keep in mind that it is basically an ETF at this point, and Wall Street most certainly has a major influence on how this plays out.<\/p>\n<\/div>\n
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[ad_1] Bitcoin Technical Analysis Bitcoin finds itself bouncing around between the 200-day EMA and the 50-day EMA indicators. This, of course, typically leads to some type of volatility, so I am very interested in watching Bitcoin at the moment due to the fact that we could have a fairly big move just waiting to happen. Just above the 50 day EMA, we have the $90,000 level, which of course is a large round psychologically significant figure and if we can break above there, then it opens up a move towards the $100,000 level. On a breakdown from here, we could see the 200 day EMA offers support, but if we break down below there, the $82,500 level could be your next target. I do expect a lot of volatility, and you have to keep in mind that Bitcoin desperately needs some type of risk on behavior as traders will continue to treat it very much like a risky asset. Furthermore, you have to keep in mind that it is basically an ETF at this point, and Wall Street most certainly has a major influence on how this plays out. [ad_2]<\/p>\n","protected":false},"author":1,"featured_media":40129,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-40128","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/40128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/comments?post=40128"}],"version-history":[{"count":0,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/40128\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media\/40129"}],"wp:attachment":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media?parent=40128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/categories?post=40128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/tags?post=40128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}