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Bitcoin BREAKS Below 50K… What could this mean for BTC's uptrend? | Alessio Rastani #Bitcoin #btc #BitcoinMillionaire





Bitcoin breaks below 50K… what could this mean for BTC’s uptrend? Bitcoin just recently broke below the psychological support of 50K. It also broke below another key level, the weekly 21 EMA – a strong support level. We have seen before that the weekly 21 EMA can be a very important level that price needs to hold in order for the uptrend to continue. What could the recent break down in bitcoin mean? Are we seeing sign of capitulation? What are the key risk levels and resistance levels we need to watch? We look at the charts. #Bitcoin #BTC #AlessioRastani

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