BitcoinUpdated

BTC Update: Testing 200 EMA Resistance

Bulls shown good upside momentum towards EMA(200)

Technicals:
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Bulls need to decide tomorrow whether MACD crossover would occur or they will get rejected by EMA(200) and RSI (50)

Our key level is at previous 9.3k level double top neckline[Break Above / Close Above for getting back to bullishness] which will now act as potential neckline for inverse H&S reversal.

Note

Bulls got rejected by EMA(200), forming bearish 3 candlesticks pattern on daily chart

snapshot

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