Best case = Bitcoin breaks above the 200 EMA today and finds support soon after.
Second best case = Bitcoin holds between 40k USD and 38.5k USD.
Worst case = Bitcoin attempts to break the 200 EMA but gets rejected, as I mentioned previously this will most likely set bitcoin up to hit the 30k USD price range this week. Whether we find support at this level again is to remain to be seen.
Second best case = Bitcoin holds between 40k USD and 38.5k USD.
Worst case = Bitcoin attempts to break the 200 EMA but gets rejected, as I mentioned previously this will most likely set bitcoin up to hit the 30k USD price range this week. Whether we find support at this level again is to remain to be seen.
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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.