$BTC testing the 365-day EMA right now — one of those levels that matters.
Historically this EMA has been a pivot. Last bear market, reclaiming it was basically the signal that the bull was starting.
Acceptance above or rejection below here is huge. This isn't just another moving average — it's a macro trend filter.
Watch for daily closes. If we hold above and build structure, continuation bias stays intact. Lose it and grind below, and we're back in wait-and-see mode.
Clean level. Clear read. Let's see which side wins.
Historically this EMA has been a pivot. Last bear market, reclaiming it was basically the signal that the bull was starting.
Acceptance above or rejection below here is huge. This isn't just another moving average — it's a macro trend filter.
Watch for daily closes. If we hold above and build structure, continuation bias stays intact. Lose it and grind below, and we're back in wait-and-see mode.
Clean level. Clear read. Let's see which side wins.