BitcoinLong
BTC long
▶️BTC/USD Weekly Analysis 🟠:
The price remains above key EMA levels (10, 20, 50, 100, 200), confirming a solid upward trend.
The EMA 20 ($95,458) appears to be the nearest support zone in the event of a deeper correction.
EMA 50 ($89,623) serves as a critical support level for the long-term trend.
▶️BTC/USD Daily Analysis 🟠:
BTC is pulling back from recent highs, likely testing the EMA 10 ($97,843). A break below this level could lead the price toward the EMA 20 ($95,458).
Trading volumes remain elevated, signaling the potential for a stronger move in the coming days.
If the EMA 20 holds, a localized bounce to the upside is expected.
📢Conclusion:
BTC is consolidating below the EMA 10 and may continue its correction toward EMA 20 or EMA 50 before resuming its upward trajectory. Mid-term prospects remain bullish as long as the price stays above EMA 50. However, the current correction requires close monitoring.
The price remains above key EMA levels (10, 20, 50, 100, 200), confirming a solid upward trend.
The EMA 20 ($95,458) appears to be the nearest support zone in the event of a deeper correction.
EMA 50 ($89,623) serves as a critical support level for the long-term trend.
▶️BTC/USD Daily Analysis 🟠:
BTC is pulling back from recent highs, likely testing the EMA 10 ($97,843). A break below this level could lead the price toward the EMA 20 ($95,458).
Trading volumes remain elevated, signaling the potential for a stronger move in the coming days.
If the EMA 20 holds, a localized bounce to the upside is expected.
📢Conclusion:
BTC is consolidating below the EMA 10 and may continue its correction toward EMA 20 or EMA 50 before resuming its upward trajectory. Mid-term prospects remain bullish as long as the price stays above EMA 50. However, the current correction requires close monitoring.
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