đš $BTC â THE WEEKLY CLOSE MATTERS
Bitcoin is still trading below the weekly EMA 50, and tomorrowâs candle close could be important.
Hereâs what Iâm watching:
đ Bearish scenario: If BTC fails to reclaim the weekly EMA 50, a retest of the $74Kâ$75K zone could be next before any meaningful reversal.
đ Bullish scenario: If BTC reclaims $78,600, we could see a relief rally toward $82K.
For now, Iâm watching the weekly close rather than chasing short-term moves.
The key question: Will BTC reclaim the EMA 50, or is another support test coming first?
$ZEC $QNT
Bitcoin is still trading below the weekly EMA 50, and tomorrowâs candle close could be important.
Hereâs what Iâm watching:
đ Bearish scenario: If BTC fails to reclaim the weekly EMA 50, a retest of the $74Kâ$75K zone could be next before any meaningful reversal.
đ Bullish scenario: If BTC reclaims $78,600, we could see a relief rally toward $82K.
For now, Iâm watching the weekly close rather than chasing short-term moves.
The key question: Will BTC reclaim the EMA 50, or is another support test coming first?
$ZEC $QNT
