Bitcoin has broken below the 50 EMA on the weekly chart. The 200 EMA depicted in green is around $5600 USD. I believe we will touch the 200 EMA as we have done in previous retracement periods.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
