Bitcoin price continued to approach the $256 resistance level territory yesterday, recording a high of around $248 and a low of around $243. The low trading volume of yesterday’s market is the main reason why the price didn’t rise up to higher levels.
By studying the 1 hour Bitfinex ( BTC /USD) charts from tradingview.com and plotting the 20 hour EMA (look at the below chart), we can notice the following: Bitcoin price has been […]