Bitcoin

Bitcoin EMA100 Weekly ($20,000 Still In Play)

2680
Bitcoin (BTCUSD) is now going below EMA100 on the weekly timeframe... This is very bad news.

We have this Shooting star candle on the 7-Feb. week: snapshot

At this same level we have a strong rejection from EMA50/EMA10 as resistance. snapshot

Last, we can see how EMA100 is now failing as support.
(This signal is only confirmed once the weekly candle closes)
snapshot

The $20,000 Bitcoin target we've been warning about is still in play.

We can say BTC is out of the hospital above 46K.
Once the last crash shows up, we will revisit the chart and give you new levels for you to trade.

Thank you for reading.
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Namaste.

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