Bitcoin Testing the 200 Day EMA

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
If BTC             breaks the 200 day its likely we will be in a bear market for a while as it attempts a full retrace. It took a long time to recover the last time price dropped under the 200 day. On the other hand, if it can climb back above the 100 day its likely to test the the 50 day indicating we may start to see a trend reversal. We need a catalyst to push it one way or the other.

I'm looking for opprotunities to short if price breaks the the 200 day EMA
I'm looking for opprotunities to buy if price breaks the the 50 day EMA
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