There is constant bearish pressure on Bitcoin, any bullish candle is weak and dips are still very severe.
EMA200 supports the price at 25K.
Bitcoin dominance is 42% and imo it needs atleast 50% to continue it's journey to 100K so crash is very likely with the things that are happening in economy / world right now.
However BTC price is now between ema50 & ema200 and by the past price action it's the best time to accumulate more BTC !
Bitcoin cycles are not what they used to be before 2018.
Now they last longer and are long lasting accumulations before the next parabolic move is on the way.
EMA200 supports the price at 25K.
Bitcoin dominance is 42% and imo it needs atleast 50% to continue it's journey to 100K so crash is very likely with the things that are happening in economy / world right now.
However BTC price is now between ema50 & ema200 and by the past price action it's the best time to accumulate more BTC !
Bitcoin cycles are not what they used to be before 2018.
Now they last longer and are long lasting accumulations before the next parabolic move is on the way.
