Bitcoin (BTC) Closes Another Week Below 50 EMA Confirming Bearish Bias Bitcoin (BTC) Closes Another Week Below 50 EMA Confirming Bearish Bias CryptoDaily BTC

Bitcoin (BTC) has just closed the week below its 50 week exponential moving average. This confirms our bearish bias and points to a major decline in the weeks ahead. As long as the price remains below the 50 week EMA, there is no reason to be bullish on Bitcoin (BTC). That being said, technical indicators ...