#BTC/USDT Critical point. Emergency Update!

#BTC needs to break and close above the 100EMA on the daily chart. Keeping it straightforward: until this occurs, the price may target the liquidity below $60k. This is not an opinion, just what the charts indicate!

The rejection in altcoins is concerning.
While I'm not bearish, BTC is currently at a critical juncture. This is the right time for the bulls to step in!
This indicator has been highly effective in identifying local bottoms and tops.

Sooner or later, the market will rally for the final wave. Until that happens, be cautious with leverage and view these times as opportunistic for altcoins.

dyor, nfa

#Crypto

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Thank you

#PEACE

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Bình luận:

#Bitcoin faces rejection at the 100 EMA on both the 4-hour and daily charts.
However, support aligns with the current level, considering the falling wedge pattern.
The daily close will provide more clarity. Overall, the outlook remains positive.

#Crypto #BTCUSDT