Bitcoin Price Rallies: Implies Bullish Bias
Yesterday afternoon (European session close) we published an article highlighting the bullish bias we held in BTCUSD, and outlining a target of 239 flat. Throughout the US afternoon, and as markets closed for the evening, price reached this target. Having hit highs just ahead of 240, the bitcoin price corrected a few dollars, and now trades around 238.15. With this said, what are the levels to keep an eye on as we head into the European morning session on an intraday basis? Here is what you need to know. As the chart shows, we have got a couple of key levels of support to keep an eye on....
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