
SoloCryptoGuild
1.1K posts

SoloCryptoGuild
@SoloCryptoGuild
Crypto Enthusiast 📈| NFA - DYOR | Crypto Website - TBA | Crypto is Key to Financial Freedom 💰| On a journey to be rich and help others!





#BTC Bitcoin has Weekly Closed above the 200-week EMA (black) for the second week a row This 200-week EMA is a key confirmation trigger for additional downside So by Bitcoin Weekly Closing above it, it is staving off bearish confirmation However, this doesn't mean Bitcoin is now in the clear In fact, in the absence of any meaningful upside from here going forward, there is a risk that BTC loses the 200-week EMA in time History suggests price won't be able to produce much upside from this 200-week EMA before an eventual breakdown $BTC #Crypto #Bitcoin










#BTC is attempting to break its two-week old Daily Downtrend Daily Close above the Downtrend and/or post-breakout retest would confirm the breakout $BTC #crypto #Bitcoin















