Btcusdt TA š„ DONT MISSā¼ā¼ā¼ā¼
Timeframe: Daily
The new week is here and we are back with Bitcoin in the daily timeframe.
Monday's opening was rather interesting, where we had a nice fakeout push to lower zones, which ended up being a bullish push towards 200EMA.
As we are still re-testing this zone and the price is trading below it, we are still waiting for $50K to be touched at least once before having a normal correctional movement (or sideways).
As long as we are below 200 EMA with the daily candle, we do not see any reason to panic and long the bitcoin.
