BTC/USD (Retest 50D MA>New Resistance or Not?)

BYBIT:BTCUSD   Bitcoin / U.S. Dollar

-new key low support is set at 9k area
-Bitcoin closes below the 50D MA
-it will now retest the 50ma and trendline resistance
-decision time for the market
-are we going to break higher or come back lower?
-technically, we are still on a big sideways market
-it is still high-risk trading within the ranging price action
-my bias in the short term is to test the low 9.5k range
-I will update the status once we get there
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