Bitcoin (BTC): Small Bounce + Movement To $50K

Bitcoin has secured nicely those EMAs on a daily timeframe where we had quite a fight going on for the last week.

With a strong rejection from that level, we’re now seeing a smaller recovery today with the weekly opening, which is expected given the minor selloff over the weekend.

We are now looking and waiting for the price to reach that 50K zone, which is the last zone where the where the price had some kind of bounce.

Swallow Team