We Must break the daily trend line for BTC if we want to reverse the market sentiment and continue the bull run towards newer highs
Looking at the charts we already know we have broken below the 50 Ema and came down to 100 Ema. Question now is this, are we going down to the 200 Ema? It could play out 1 of 2 scenario either a bear trap or a bull trap Imo it look like a bull trap to me with these short time frames on the longer daily and weekly we need confirmation to decide which direction...
Btc has failed to hold all crucial support, we are literally holding the support by a single line, if this support fails we will probably go straight to the 44k support