🚨 BITCOIN BEARISH WARNING!
Bitcoin has lost its 50-Week EMA, a key indicator used to identify long-term market trends.
⚠️ If BTC fails to reclaim this level, further downside could follow, with the 200-Week EMA around $69K–$70K as a potential target.
The next weekly candles will be crucial. Bulls need to reclaim the 50-Week EMA to regain momentum.
Stay cautious. Manage your risk! 📉
#BTC #bearmarket
Bitcoin has lost its 50-Week EMA, a key indicator used to identify long-term market trends.
⚠️ If BTC fails to reclaim this level, further downside could follow, with the 200-Week EMA around $69K–$70K as a potential target.
The next weekly candles will be crucial. Bulls need to reclaim the 50-Week EMA to regain momentum.
Stay cautious. Manage your risk! 📉
#BTC #bearmarket
