#BTC/USDT This level is important...BTC is currently trading below the 50 EMA, 100 EMA, and 200 EMA in the 4-hour chart.
This is not ideal for the price action, and $93k has now become a strong resistance level.
The pattern appears to be setting up for a breakout soon. While it won’t be easy, it’s entirely possible we break to the upside.
If there’s a break below, we could see a dip to $73k.
Do I think the bear market has already started? Definitely not!
I’ll keep you updated, so follow and share this chart with your friends.
Thank you!
#PEACE