Bitcoin (BTC)’s Monthly Close Above 21 EMA Will Substantiate $25,000 Year End Target

2018-8-30 17:00

“I want to be clear, Bitcoin (BTC) is going to $25,000 by year end” said Tom Lee of Fundstrat last month. This statement did not appear very convincing back then as Bitcoin (BTC) was in a tough spot, struggling to stay above the 21 EMA.

This month though, as the monthly chart above for BTC/USD shows, the monthly candle strongly bounced up from the 21 EMA and is now about to close above the 21 EMA.

Continue reading Bitcoin (BTC)’s Monthly Close Above 21 EMA Will Substantiate $25,000 Year End Target at Crypto Daily™.

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ema above btc monthly bitcoin year close

ema above → Результатов: 24