Bitcoin made a 5 percent move higher yesterday up to $3877, which — as mentioned on Monday — was necessary to signal that the bulls would take the market back towards $4000. We take a deeper dive into the action to see if can keep up the momentum. Daily Chart Looking at the daily chart, Bitcoin appears to have found support at the 50 and 100 daily moving average, with a single candle taking outRead MoreThe post Bitcoin Price Analysis: Bulls Knocking at BTC’s $4000 Door appeared first on Bitcoinist.com.
