Yes BTC is now in a phase where it must make a decision. Up or down, or maybe sideways???? We have been consolidating 90 days since YTD ATH. IMO there is still a lot of liquidity down there. 147 EMA( Equals 21 EMA on the weekly) corresponds now with 9300. It is very likely that we will test that zone. And if it can't hold I am pretty sure that we will touch or almost touch 200 MA on the daily. Remember there is still a CME gap open in the 8500 range.
I am doing noting now until there is more clarity.
Stay safe people!