BTC price close below 100 EMA for the major +600% up move happend since last year, we are now seeing price close below 100 EMA on daily chart. Technically speaking we could see the correction push the price to the previous congested area around 30000-40000 area for consolidation. It may be against the mainstream bullish view on all Crypto but do watch out for the potential correction. Good luck trading!
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Both ETH and BTC price are fullfilling the technical bearishness, time for correction! For leveraged traders suggest to control your risk and watch out as swing could be wild.
The correction could be deeper than most people thought, just as how impressive the run up started last year.
Will let this correction play out and looks to buy back some BTC along the way without leverage. Good luck trading!