Bitcoin (BTC): Re-Test Was Successful / Price Below EMAs

On a smaller timeframe, we see that while price is seeing some struggle to secure fully the zone, we are still below major EMAs and price is seeing pressure from sellers, which can be seen clearly here with that re-test that rejected the buyers.

We are looking for the price to secure that zone by tomorrow, if not today so keep an eye on it; once we see it, we should be good for downward movement.

Swallow Team