BTC Update EMA Perspective !!
✅Bitcoin has dropped below the 50-day simple moving average (SMA) at $95,406, indicating that the bears 🐻 are trying to gain control.
💵BTC Analysis 💵
✅Plan A
If the price closes below the 50-day SMA, the BTC/USDT pair could drop significantly to the strong support level at $90,000. The bulls 🐂 are expected to strongly defend the $90,000 level, as a break below this threshold could lead the pair to fall to $85,000 and then to $73,777.
✅Plan B
In the upward direction, the bulls will need to push the price above and hold above $100,000 to take control. At that point, the pair could rise to the all-time high of $108,353, where the bears are expected to step in.
👉 Which Plan do you prefer, AE? 👆👆