Watching the Daily Chart of Bitcoin, the Ema supports are at crucial levels, indicating major Trendshifts in BTC.
Death CROSS happens when 50EMA cross Ema200 downwards, indicating a major bearish sentiment.
BTC is struggling since 3 days to have a good closure above the EMA200 On DAILY time frame.
if BTC is unable to close above this EMA support after CPI data then we might see a drop up to 56 and 54k, worst case scenario is we breakdown the 50k barrier again.
CLOSING above EMA200 will leads to next resistance 66000 which is Good point for market and ALTS growth.
