$BTC The daily session is now closed and so it is confirmed that Bitcoin is trading daily below EMA50; medium-term bearish potential is now active.
The trading volume is not that high but still above the daily average. More volume likely to come at the next support level.
The weekly timeframe looks good and it is the first time that EMA10 has been tested as support since January 2024. Moving below this level activates the bearish potential on this long-term timeframe.
