$BTC Bear Market & EMA21‼️
In a Bear Market, the 21-Week EMA acts as the ultimate Resistance.
Every time $BTC bounces back it can’t break the EMA21 (no 3 consecutive settles above it)
So even if the bulls manage to push the price a little bit higher, there’s the EMA21 Resistance at $69400 🤷♂️
We’re still in a Bear Market, Capitulation is coming
In a Bear Market, the 21-Week EMA acts as the ultimate Resistance.
Every time $BTC bounces back it can’t break the EMA21 (no 3 consecutive settles above it)
So even if the bulls manage to push the price a little bit higher, there’s the EMA21 Resistance at $69400 🤷♂️
We’re still in a Bear Market, Capitulation is coming