As long as Bitcoin $BTC doesn’t decisively break below the 4H EMA20, there’s still a good chance for a rebound toward the EMA50 or even the EMA100 zone.
But a rebound ≠ reversal. Both the EMA alignment and price structure suggest BTC is still in a downtrend.
The recent pump is more of a technical bounce after an accelerated sell-off—doesn’t change the overall trend direction.
No need to predict when a reversal or bottom will be confirmed. The market will reveal clearer structures and signals through consolidation and testing (e.g., higher highs/lows + respecting oversold, ignoring overbought).
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