50 EMA test and possible next range of support
Updated
Currently in the process of testing the 50 ema, disastrous if it breaks down from there, last time we broke down we had an over 50% crash. Next range of support is at around the 40-42k region, must hold, if not expect lower. This may very well mean an extended consolidation period for the next few months. 4 year cycle of BTC will be invalidated.
Note
do note daily rsi is almost oversold. But weekly MACD just had a bearish cross. Won't hurt to sit on the sidelines now
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