Where To Next BTC? | MA200 Conquered, Volume Starting To Show UP
We put our focus on MA200 (black line) because it is a strong indicator for Bitcoin on this time frame. You can see all of the details about it here:
- Now, this level has been conquered and even though we still have low , it is starting to grow.
- We can easily notice that Bitcoin is trading above EMA10 ( ) as well as MA200. The is also .
The bulls have the upper hand as long as we remain trading above these levels. If XBTUSD moves below these two, then we switch our short-term view from to ... Right now we stay with the bulls.