BITCOIN (BTC): 2 POSSIBLE SHORTING

Bitcoin is showing some kind of weakness where, on the other hand, we are too close to the local resistance zone, which could mean a possible movement to upper zones.

Despite all that, we are seeing the lower zones to be reached so we have here 2 possible setups for Bitcoin where both of them would end up near 50K.

Now all we can do is see how the market structure will develop and if we break or bounce from the current zone above EMAs!

$BTC