look likely to bounce down again from the 200 EMA
line as a point of resistance. Btc
should bounce off the EMA
50 line as it will find support there around 9,100. Bitcoin
looks to struggle back to 12,000 before it falls to retest 6,000 lows. This should be its final test of the bottom before turning to new all time highs in the next 4 to 6 months. Be cautious as this trend reversal or the rather our current short term bullish trend
has not been confirmed. This is not financial advice just a view on possible market direction.