XBT Short-Term 1H | 26-Nov.

The chart technically stays the same.

While XBT has gone below EMA10, 21, 50 and 100, it remains trading above MA200, the main support.

If MA200 at $16,410 fails, then $16325 will come into play...
Anything lower and Bitcoin can easily test the blue support level on the chart, high 15Ks.

But we continue to see consolidation nothing more.

If I had to guess... I won't.
Let's wait and see how it goes.

Namaste.

Comment:

It will recover.