👉#BTC remained below the 50-day EMA while sitting above the 200-day EMA. The EMAs affirm bearish near-term but bullish longer-term price signals.
👉A BTC breakout from the 50-day EMA would support a move to the $42,968 resistance level.
👉On Saturday, SEC-related activity and BTC-spot ETF-related updates need consideration.
📉However, a drop below the Friday low of $40,290 would bring the $39,861 support level into play.
🔴The 14-Daily RSI reading, 43.07, indicates a BTC fall to the $39,861 support level before entering oversold territory.
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