Bitcoin Technical Analysis

Bitcoin, having broken the EMA50 line, is currently trading below, indicating a bearish trend. The first support level is anticipated at $39,000.

1/21/20241 min read

Bitcoin analysis - Breakthrough of EMA50 line, trading below, signaling a bearish trend, with the fi
Bitcoin analysis - Breakthrough of EMA50 line, trading below, signaling a bearish trend, with the fi

Bitcoin, after breaking through the EMA50 line, is currently trading below it. This action is contributing to a bearish trend. The first support level is expected to be at $39,000.