Bitcoin & The 100 EMA: The Critical Line 📉

In the last cycle, the situation was clear. Once $BTC lost the 100 EMA, market structure failed, leading to a full bear phase. There was no ambiguity.

This cycle presents a key difference. Price is currently testing the 100 EMA, not decisively breaking through it. The underlying structure is being challenged, but hasn't given way yet.

This distinction is crucial. A "test" indicates a question mark. A "loss" provides an answer.

As long as $BTC holds structure around this level, it remains a critical decision zone, not a confirmed bearish shift. Acceptance above it keeps the bullish trend alive. Failure below it, however, would significantly change the market narrative.

This level is the ultimate decider for what comes next in Bitcoin's price action. Keep a close eye on it! 👀

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