Bitcoin's Price Target Holds Strong Amidst Market Volatility.
Originally Published 2 years ago — by Cointelegraph
Bitcoin's strength is showing signs of continuation higher, according to Michaël van de Poppe, after key trend lines are preserved. BTC/USD reached $27,666 on Bitstamp, and the outlook is good, with the holding of the 200 MA and EMA. The state of the BTC/USD Binance order book shows that volatility is thus far absent. Meanwhile, attention continues to focus on US dollar strength after a week of solid gains, with crypto market strength versus a comedown in the US Dollar Index (DXY).