Bitcoin shouts: “I AM BEARISH”
The bearishness of BTC is crystal clear in the chart! However, the strong support of 40K is still valid.
If BTC loose the support, I will short from reversal to around the 31K.
If it breaks it up I will long to 58K! note that in case of long we might see so many early sellers but I will not take care about them and I’ll stick to my strategy.
In this case EMAs don’t play important role as SNR, I use them as trend detectors!
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