BTC / USD
Bitcoin got dumped hard recently and it’s the first time to test 100W EMA since April 2020 !
As we see in chart this 100W EMA (dynamic support) is very important …every time price closed weekly below it massive crash happens after
So now all the eyes on moving average + 30k Strong support
Bulls should show strength here or the pain will continue may be up to 20k
Pleas Note that Price can also stay longer time playing in this range for some more weeks before next decisional movement
Always adapt with the market changes
And Enjoy your time
Bitcoin got dumped hard recently and it’s the first time to test 100W EMA since April 2020 !
As we see in chart this 100W EMA (dynamic support) is very important …every time price closed weekly below it massive crash happens after
So now all the eyes on moving average + 30k Strong support
Bulls should show strength here or the pain will continue may be up to 20k
Pleas Note that Price can also stay longer time playing in this range for some more weeks before next decisional movement
Always adapt with the market changes
And Enjoy your time