Bitcoin $BTC Bouncing or diving ? 200 Daily EMA on sight
BTC has dropped under the 100 Daily-EMA, and is now heading toward 200 Daily-EMA.
We might see a bounce or even a reversal around 10K$ as it is both local support and where price action may encounter the 200 Daily-EMA.
If 10k$ support is lost and the price action goes below the 200 Daily EMA we might see the price going further down toward 9k$ or even 7.5k$.
Price to keep an on Support and 200 EMA : 10 000$
We might see a bounce or even a reversal around 10K$ as it is both local support and where price action may encounter the 200 Daily-EMA.
If 10k$ support is lost and the price action goes below the 200 Daily EMA we might see the price going further down toward 9k$ or even 7.5k$.
Price to keep an on Support and 200 EMA : 10 000$
Buy high, sell low