Analysts note that Bitcoin has reached a long-term downtrend line and the 21-month EMA, a critical resistance zone. To confirm a bullish trend, BTC must hold above this level; a failure could signal continued downside pressure.
Analysts note that Bitcoin has reached a long-term downtrend line and the 21-month EMA, a critical resistance zone. To confirm a bullish trend, BTC must hold above this level; a failure could signal continued downside pressure.