#BTC lost critical zone of support & 200dma, where to next?

6 בינו׳ 2022

Bitcoin has lost its 200day moving average and a critical area of volume support at 45.5k which the bulls tried to support for the entire month of December. There is a bit of a vacuum down to around 40-41k where you might find temporary support. To be honest, i think narrative has changed here technically and is not in favour of the bull camp.