🛑🛑$BTC Update: oct 5🔴🔴

Yesterday, Bitcoin broke the hourly EMA 50 and then faked out, breaking it again on the second attempt. After retesting, it surged around 1.30%.

Since the Asian session started, the price has been retracing with low volume. Another test of the EMA could provide a long opportunity, but this retest will be weak and there is a high probability of a breakdown.

If we break down the ema-50, I am interested in heading over to the lower liquidity area around $26,900-$26,800

$BTC