6764 is the BTC 200 day EMA
Some say that BTC needs to break market structure for s bull market: Therefore it needs to go below 5800 to say 5000 and then start over. It could even go lower than 5K.
Only opinion but if the Bitcoin pump team operating at the moment have deep pockets they could invoke a bull run. Wait and see! They need to do a big pump but the problem is people are scared that the pumps could end up in a dump and the intentions of the pump team are unknown
Best intentions
Topic: Bitcoin rejection from 200 day EMA might have triggered a fall (Read 67 times)
Jump to: