Taking a look the 4hr chart we see that the 20 & 50 EMA are touching but not have crossed over yet, which would indicate a bearish move to follow.
We're currently in a bearish consolidation heading towards the upper trendline, if we are able to continue this momentum & add more Volume we may be able to break through. This may get us on our way to retest that $50,000 price that is important for the next bull run.
We're currently in a bearish consolidation heading towards the upper trendline, if we are able to continue this momentum & add more Volume we may be able to break through. This may get us on our way to retest that $50,000 price that is important for the next bull run.
