Bitcoin / TetherUS

Regain The 200 EMA on 4 Hour and Moon?

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Since BTC began to dip in the early hours of yesterday morning, we have seen it fall in to the demand zone. We saw a strong reaction from the 58.5k area earlier and it did not take long to regain 60k.

This is the first time that BTC has traded below the 200 EMA since it started its strong move up in the first days of October. This is our next key level. If we can regain that, and hold, we can then look to re-test 64K and beyond.

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