So close, but so far away.
BTC held the 50DMA as support today but failed to break above the EMA9.
I suspect ₿itcoin now makes it way back down for the long awaited retest of the 200DMA ~$95k as I’ve been stating since the death cross.
If BTC can reclaim the EMA9 to close the week there may be a shot to continue the bullish uptrend, otherwise this correction will take a few weeks to play out.
BTC held the 50DMA as support today but failed to break above the EMA9.
I suspect ₿itcoin now makes it way back down for the long awaited retest of the 200DMA ~$95k as I’ve been stating since the death cross. If BTC can reclaim the EMA9 to close the week there may be a shot to continue the bullish uptrend, otherwise this correction will take a few weeks to play out.
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