**Is Bitcoin About to Go Up? Let’s Check the 50 EMA**
In last post we talked about EMA
> Right now, $BTC is trading around **$85,000** hovering just below 👇 the $86000 resistance level and it's **above the 50 EMA** (around $84,200).
🔍 Understanding the 50 EMA:
The 50 EMA is a technical indicator that smooths out price data, giving more weight to recent prices. Traders use it to identify trend directions:
📈 Price above the 50 EMA suggests a potential uptrend.
📉 Price below the 50 EMA may indicate a downtrend.
Currently, BTC trading above the 50 EMA hints upward movement in long run
> ➤ EMA is just an indicator, **not a guarantee**.
> ➤ Always do your own research and manage your risk.
> Do you think BTC will break $86K this week? Comment below!
#DYOR #TRXETF #BinanceAlphaAlert #BinanceLaunchpoolINIT #FederalReserveIndependence
