#BTC/USDT Weekly:-
#BTC/USDT 2 Week chart:-
As per 2 weeks chart 50 EMA still holding Bitcoin Price.
Let’s see it will break or not.
#BTC/USDT 1 Week Chart:-
As per 1 Week chart 50 EMA working Strong resistance and Recently Strong rejection from 50EMA level.
And Price dumped -20% from 50 EMA resistance level.
I already Mentioned in the Last chart if the weekly candle closed above $44000 then good for Upside Big Move.
But Not happened and Closed below the weekly chart and we saw the strong rejection.
Now Holding 2 Week 50 EMA, which is around $$35600
Let’s see hold or not.
2 Week 50 EMA support:- $35600
1 Week 50 EMA resistance:- $44000