Short term bearish outlook for BTC
Updated
A bearish bias for BTCUSD targeting the $2500 area
Note
An inverse to this idea would be if that price can hold above 55 EMA with reasonable buying volume, we can see a test of the 200 EMA next at or around $4500 - $5000
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.