Be cautious!
BTC must break above $64k on the daily timeframe to continue its rally. Currently, it is losing momentum.
The 100 EMA at $61k is likely to hold if BTC gets rejected.
Trade safely.
LIVEDexter
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Bearish
BTC Update:
BTC is still struggling to break above the dotted trendline, technically forming a hidden bearish divergence. In my previous update, I mentioned that BTC must close above $64k on the daily chart to invalidate this hidden bearish divergence.
At the moment, we are seeing a rejection, and the 100 EMA (yellow line) needs to be held as support. A breakdown below the 100 EMA could likely have a bearish impact on BTC.
Stay cautious and trade safely.
Always do your own research and analysis before investing.
Regards,
Team Dexter
#BTCâ #cryptocurrency #CryptoMarket $BTC $CATI $TON
BTC is still struggling to break above the dotted trendline, technically forming a hidden bearish divergence. In my previous update, I mentioned that BTC must close above $64k on the daily chart to invalidate this hidden bearish divergence.
At the moment, we are seeing a rejection, and the 100 EMA (yellow line) needs to be held as support. A breakdown below the 100 EMA could likely have a bearish impact on BTC.
Stay cautious and trade safely.
Always do your own research and analysis before investing.
Regards,
Team Dexter
#BTCâ #cryptocurrency #CryptoMarket $BTC $CATI $TON
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
64,331.99
+1.65%
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