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

24 feb 2022

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:

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

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


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.

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