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Bitcoin: Buying opportunities for BTC investors will arise if…

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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment adviceBitcoin’s [BTC] four-month streak of lower highs and troughs finally ceased after its recent hike above the trendline support (white, dashed).

While the recent movements affirmed an increase in buying edge, the sellers struggled to keep the price below the EMA ribbons.Owing to the constant building-up of buying pressure near the 55 EMA, the buyers could aim to continue the up-channel recovery at the very least.

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