Bitcoin is struggling with 200 Daily EMA

Right now Bitcoin is above 200 daily EMA , lets see if it can manages to close above it or not

meanwhile 55500 $ is 50% of current movement (Drop from 69K)

if bitcoin manages by the end of this month to get above that and close above that level then great but if not it could be a potentially put us into a bear market
Bitcoin (Cryptocurrency)BTCFibonacciMoving AveragesTechnical AnalysisTrend Analysis

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