Bitcoin has broken to the upside within the last 48 hours. This paired with the recent 200EMA / 50MA bullish cross could indicate the start of a new bullish uptrend. $11,300 looks to be a strong support zone around POC (Point of Control) that will dictate the sustainability of this new uptrend. Bitcoin 60 Minute Chart On the 30 minute chart, we can see the most recent breakout to the upside. This resulted in priceRead MoreThe post Bitcoin Price Analysis: Bullish MA Cross on Hourly Chart appeared first on Bitcoinist.com.
