- Bitcoin markets initially tried to rally during the trading session on Thursday but then gave back gain.
- The market should pay close attention to the $24,000 level above, as it is a large, round, psychologically significant figure.
- The 50 Day EMA underneath offers quite a bit of support and is starting to curl higher, so I think that given enough time it’s difficult to imagine that there won’t be at least some type of technical support there.
BTC/USD Forecast: Bitcoin Gives Back Gains
