Momentum Loss on $BTC
On the Daily chart, Bitcoin struggle to surpass $110,000 after its many attempts on a 2 month period. It seems like 
BTC is cooling down and retest the 200 Ema line (Blue line), since the 50 Ema line (Red Line) its a strong resistance level. Bitcoin was rejected 6 times recently.
BTC is cooling down and retest the 200 Ema line (Blue line), since the 50 Ema line (Red Line) its a strong resistance level. Bitcoin was rejected 6 times recently.Trade active
It seems the 50EMA is a strong resistance level.
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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.