Technical Analysis – BTCUSD clears 100-EMA; bias cautiously bullish

Bitcoin propelled out of the Ichimoku cloud and above the 100 exponential moving average (EMA) in the four-hour chart, which proved hard to breach early in July. According to the RSI, the market seems to have reached overbought conditions and is likely to experience some weakness in the short-term as the indicator moves softly around […]