#Bitcoin remains weak, having successfully broken down below the 4h EMA-50 yesterday. Every 4h candle has closed below it, and it is now acting as resistance.
Yesterday, the Asian session held the price, while the London session dumped the price. The New York session tried to recover, but was unsuccessful. Today, all three sessions have remained sideways so far. The market is currently bearish, but there is more liquidity to the upside for the lower timeframes. For short positions, we should wait for a retest of the hourly EMA-50 at 26,740.
As we approach the weekend, our eyes remain glued to the charts in search of powerful signals for the community. Let's see what the weekend has in store for us.#crypto2023 #dyor $BTC