bitcoin still has not managed to get above the 21 weekly EMA
if bitcoin does not manage by the end of next week to get above the 21 EMA , its a realy bad sign
if bitcoin breaks structure if it breaks support 41k 40k level (there are alot of stops to hunt!)i think it could be a devastating sign fot bitcoin and that could potentially put us into a bear market and it could increase risk to the downside
i personally would like to see bitcoin breaking resistance and pushing us back into an uptrend continuation
personally i think the wat things are going right now its not looking that good
im looking to buy setup in 36846$ after breaking 40k support (STOP! 33528$)
we shall have to wait and see
if bitcoin does not manage by the end of next week to get above the 21 EMA , its a realy bad sign
if bitcoin breaks structure if it breaks support 41k 40k level (there are alot of stops to hunt!)i think it could be a devastating sign fot bitcoin and that could potentially put us into a bear market and it could increase risk to the downside
i personally would like to see bitcoin breaking resistance and pushing us back into an uptrend continuation
personally i think the wat things are going right now its not looking that good
im looking to buy setup in 36846$ after breaking 40k support (STOP! 33528$)
we shall have to wait and see