1Day BTC Bearish Analysis:
Firstly, Yesterday BTC has filled $39600 CME GAP and Currently BTC price is around $40000 at the time of writing, If BTC stay at above $40300 approx. 1Hr then move to next Resistance Maximum $41800.
Secondly, one day EMA Below the 50 signal line and showing Bearish momentum of August 2023.
Please note this is not my financial advise.
