Tag Archives: 20day

Bitcoin consolidates below 20-day EMA, deeper pullback after $94K?

Bitcoin consolidates below 20-day EMA, deeper pullback after K?

The price of Bitcoin (BTC) fell to around $94,000 on Jan. 11 — down by over 8.5% over the past five days from a local high of over $102,000 recorded on Jan. 7. BTC is currently trading below its 20-day exponential moving average (EMA) — a sign that bears are currently in control. Price has also been consolidating since Dec. …

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