BTC has its first Weekly Close below the 200MA since Aug ’23.If PA stays below for a couple more weeks, expect much more pain to come.
9EMA should cross under the 200MA within the next month for the first time since August ’22, which was shortly after the LUNA collapse.
Next up Bitcoin will visit $54k (RP) then most likely $48k (CVDD).
Hopefully that marks the bottom.
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