#BTC “So if the 200-week EMA is lost as support this week and price Weekly Closes below it again, Bitcoin could actually turn the EMA into new resistance” Bitcoin has once again dropped below the 200-week EMA, treating it as resistance once more Weekly Close below the EMA would confirm this $BTC #Crypto #Bitcoin

Rekt Capital
@rektcapital
03-24
#BTC Bitcoin went for the post-breakout retest of the 200-week EMA But here's what interesting - technically, price Weekly Closed below the EMA That means that price technically kickstarted a breakdown from the EMA So if the 200-week EMA is lost as support this week and price x.com/rektcapital/st…
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