BTC is below the 200-day EMA, which indicates resistance at the level of 86000 and that the trend is downward!📉
On the other hand, support at the 0.5 Fibonacci level is at 79000!
Breaking at least 86000 would be positive and an attempt at a local reversal! Until then, everything looks dangerous and questionable!
We are waiting for the breakout!
$BTC #CryptoAdoption
On the other hand, support at the 0.5 Fibonacci level is at 79000!
Breaking at least 86000 would be positive and an attempt at a local reversal! Until then, everything looks dangerous and questionable!
We are waiting for the breakout!
$BTC #CryptoAdoption