As Bitcoin continues to trade above its 200-day exponential moving average (EMA), Altcoin Sherpa tells his 180,700 Twitter followers that the leading virtual asset needs to hold up to confirm an uptrend.
“BTC: I find this to be a key level (this and $22,000) that must be held for a higher low to be considered. The last move bounced at the .618, this one is currently around the .50 level.”
He says that the Bored Ape Yacht Club (BAYC)-affiliated crypto asset APE could surge to $9.00 depending on the price movement of Bitcoin and Ethereum. At