BTC/USD (Back at 50k Dollar)

💎Technical Analysis Summary💎


BTC/USD

-Bitcoin respected the EMA19 for the 4th time
-This 46k-47k area is now confirmed as a key level
-Currently, BTC is trading just above 50k
-The daily wick resistance is only a few dollars away
-Very good sign for the overall market space condition
-If BTC can hold above 50k for at least a week
-I think the next stop is 53k dollars or higher
-Regarding the altcoins, many are performing well
-Some are getting ready for another potential leg up
-Due to the strong drop by the BTC.Dominance chart
-Which I posted an update last August 29
-Good luck and stay safe everyone!



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