Bitcoin (BTC): Important Area of 200 EMA | Volatility Incoming

147
What's happening in the world is having a huge impact on Bitcoin, but the worst is to come...

Price is hovering near the 200EMA, where neither buyers nor sellers can establish proper dominance near that area so our "wait" game continues. We wait for proper confirmations of which side will take control of the 200EMA and once we see it, we will be trading according to that.

Overall, as long as we are above the 200EMA, we are still looking for the $120K area, but once there, we will be looking for a BIG dump.

Swallow Academy

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.