BITCOIN [$BTC] 05 JUNE 2021

BTCUSD

The long-term trend is considered up when BTC is above the 65 Weekly EMA $29728.14

Our view: Long positions above 65 Weekly EMA $29728.14

Comment: BTC remains Bullish above the $29728.14 level

Alternative scenario: Below $29728.14 BTC becomes Bearish, expect further downside to lower levels