🚨 More Bitcoin Update ✅

TF: 1W

Identification: 200 Week MA

Meaning: It is important to understand that weekly closing below 200W MA is critical for the Bitcoin price to visit more downside. The current 200W EMA is around $26,000.

If BTC price falls below it, worst case scenario is $22,000. Monday weekly closing will be important to keep an eye on.