#BTC/USDT EMERGENCY UPDATE ๐จ
Bitcoin is currently moving in a pattern that widens as it goes down, which shows some uncertainty in price direction. Right now, itโs struggling to rise above two key resistance levels: the 50-day moving average (50MA) and the Ichimoku Cloud. These act like roadblocks, making it hard for Bitcoin to push higher, which could mean the price may drop soon.
However, if Bitcoin manages to break through these resistance levels, it could be a sign that the trend is turning bullish. This might result in a strong upward movement and potentially a longer-term price increase.
Fundamentally If We Look at the Price Action
In My opinion
BTC Dumps to 50K is Imminent โผ๏ธ
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