Bitcoin will test 48K before other bearish movements
There are really high chances that btc will test the 48 - 51 K area supported by an inverted head and shoulders (very dirty) , by
the 9-period rsi which is above its 14-period moving average and by the imminent cross of 60 and 223 EMAS that can act like a magnet ( thanks to Scalping the Bull, italian youtuber and trader for the emas idea ) .
First we evaluate this level, if it holds it will be clear an uptrend.
the 9-period rsi which is above its 14-period moving average and by the imminent cross of 60 and 223 EMAS that can act like a magnet ( thanks to Scalping the Bull, italian youtuber and trader for the emas idea ) .
First we evaluate this level, if it holds it will be clear an uptrend.
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Critical point 👉
