BTC/USD – Weekly Update (1W)
We are currently positioned on the 100 EMA on a weekly basis, exactly at the same level that capped the price in 2022, just before a massive dump.
👉 If the pattern repeats and the price fails to move above the 100 EMA, then the preferred scenario remains:
→ continuation of the decline on Bitcoin.
The structure remains fragile, selling pressure dominates, and the risk is clearly oriented downwards.
📉 We are going lower.
We are currently positioned on the 100 EMA on a weekly basis, exactly at the same level that capped the price in 2022, just before a massive dump.
👉 If the pattern repeats and the price fails to move above the 100 EMA, then the preferred scenario remains:
→ continuation of the decline on Bitcoin.
The structure remains fragile, selling pressure dominates, and the risk is clearly oriented downwards.
📉 We are going lower.