BTC Holds Near 20-day EMA; Is Correction Over?
Published 42 mins ago Bitcoin price analysis indicates probable exhaustion of the correction. The price opened with a negative bias and fell to spot the intra-day lows of $22,669. The support is coming from the 20-day exponential moving average. With the renewed buying pressure, the buyers managed to reclaim the $24,000 mark. The hourly chart already points to a bounce back as the price reached the support zone after a swift recovery from the lows. Bitcoin price edges higher following a...