#BTC has now closed two consecutive daily candles below the 200 EMA.
This makes the breakdown more convincing and strengthens the bearish structure. Unless BTC quickly reclaims the 200 EMA, I expect further downside.
I’m still looking for a move toward $66K. The next few daily candles will be important, but for now, the bears seem to have the upper hand.
This makes the breakdown more convincing and strengthens the bearish structure. Unless BTC quickly reclaims the 200 EMA, I expect further downside.
I’m still looking for a move toward $66K. The next few daily candles will be important, but for now, the bears seem to have the upper hand.
