We have already seen that bitcoin is up, at least for now. However, we shall clearly judge its price movement after the inauguration of President elect Trump. However, currently it is very bullish. It has broken above EMA 200 after making a small consolidation there. The fact that EMA50 is converging towards EMA200 gives a pointer to greater bullishness than now. Study the 1 hour price chart below. 

BTC0.33%
TRUMP2.82%
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