/Bitcoin price analysis: BTC/USD capped by 200-DMA; expert predicts run towards $11500

Bitcoin price analysis: BTC/USD capped by 200-DMA; expert predicts run towards $11500



Bitcoin, cryptocurrency No.1, extended a stellar run on Wednesday to trade at $9,720. The bullish momentum led to the Bitcoin market cap increase by over $10B in a single day, reaching $165.5B. BTC/USD broke above 100-DMA for the first time since the end of January, which makes the long-termĀ …

Source: Bitcoin price analysis: BTC/USD capped by 200-DMA; expert predicts run towards 500