BTC's weekly closing which was expected to be bearish has now broken the EMA200 support the bulls were trying to defend.
Most likely to test the monthly support region at around $60k -$58k Further directional bias will depend upon the price action we get when the mentioned support get tested. No signs of relief as of now $BTC
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💥BTCUSDT Weekly Structure Update
BTC's weekly closing which was expected to be bearish has now broken the EMA200 support the bulls were trying to defend.
Most likely to test the monthly support region at around $60k -$58k
Further directional bias will depend upon the price action we get when the mentioned support get tested. No signs of relief as of now
$BTC