The mother of all cryptocurrencies :) My view on BTC has not changed, even with recent bullish momentum where price rallied from 6455 to 10k. 29 EMA and 75 EMA will need to cross 130 EMA before I change my stance from ranging/bearish to bull run. One of the good things about price ranging is it is giving speculators and institutions a chance to buy at a nice discount. I haven’t been doing any serious TA like I do for forex. I have been trading based on fib levels, EMA’s, and volume. We can see how well price has been respecting each fib level. Price really respected all EMA’s during the last bull run. Big dips buys usually happened at the 75 or 130 EMA. If we take a look at recent volume, there has been no real “big” money flowing in on exchanges since April. It is worth noting that OTC markets for bitcoin and other crytpo’s are thriving and a ton of money is being moved around there.There are also talks of a crypto exchange using NASDAQ technology. If this is true, it may be the catalyst that is needed to push BTC over the 10k mark. Hopefully, that will also get the ball rolling for a bitcoin ETF. Not to be too optimistic, but things are getting exciting again in the crypto space. Happy trading folks!

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