$BTC Lost Its 200-Day EMA: The 7-Day Story 📉

This week: a short squeeze lifted BTC to ~$80.8K (~$800M liquidated), then a Nasdaq crash dragged it ~6% down to ~$75.7K.

🔹 Trend: below the 200-day EMA (~$76.5K), bearish short term
🔹 Support: $73.7K, then $71.6K
🔹 Resistance: $77.9K, $79.3K, $82.8K

Potential: reclaim $79.3K to target $82.8K-$85K. Lose $73.7K and $71.6K is next.

💬 Bounce or breakdown? 👇


⚠️ Not financial advice. DYOR.

#BTC #Bitcoin #BinanceSquare