$BTC will dump or Pump?

Bitcoin made the unexpected move and closed below the 200 EMA on the daily timeframe.

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This was not expected, but in crypto, we should always expect the unexpected.

Now, it is finding support at the 58k area and facing resistance at the 200 EMA.

If the level holds, we might see it again at 61.5k or a higher level in the coming days.

In case of a breakdown, we might see another leg down towards the 53k-52k area and then possibly a run towards the ATH zone.

We will try to keep you updated according to the situation.

Trade Safe !!!

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