200wema
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$BTC
BTC HAS ALWAYS RETESTED THE 200W EMA AFTER LOSING THE 100W EMA.
200W EMA CURRENTLY SITS AT $68,400.
#BTC #crypto #CryptoAnalysis #200wema #Write2Earn
BTC HAS ALWAYS RETESTED THE 200W EMA AFTER LOSING THE 100W EMA.
200W EMA CURRENTLY SITS AT $68,400.
#BTC #crypto #CryptoAnalysis #200wema #Write2Earn
$BTC has nearly retested the April 2025 lows, a zone many market participants see as critical support.
From a technical perspective, buyers need to defend this area to prevent further downside. A sustained breakdown below this zone could increase the probability of Bitcoin moving toward the 200-week EMA, a level historically associated with long-term trend resets.
As always, volatility remains high, and confirmation is more important than predictions. Risk management and independent research are essential.
#BTC #Bitcoin #CryptoMarket #TechnicalAnalysis #Support #200WEMA #BinanceSquare $BTC
From a technical perspective, buyers need to defend this area to prevent further downside. A sustained breakdown below this zone could increase the probability of Bitcoin moving toward the 200-week EMA, a level historically associated with long-term trend resets.
As always, volatility remains high, and confirmation is more important than predictions. Risk management and independent research are essential.
#BTC #Bitcoin #CryptoMarket #TechnicalAnalysis #Support #200WEMA #BinanceSquare $BTC
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