📉 Bitcoin just closed its third weekly candle below the EMA50 — What’s next?

After 3 consecutive weekly closes below the EMA50, Bitcoin is showing clear weakness from the bulls. Historically, this kind of structure has often led to either deeper corrections or extended sideways accumulation.

🔍 Current market signals:

Volume declining → lack of conviction

BTC dominance stable → altcoins not in panic yet

Weekly RSI below 50 → bearish momentum building

📊 Possible scenarios:

1. Bull trap → fake recovery into EMA50, then rejection

2. Breakdown below $60K → targeting $52–55K (key March zone)

3. Sideways range between $60K–66K until mid-July

4. Check my pin post

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💬 Question for you:

👉 Are we looking at a bull trap… or a healthy correction before ETH ETF launches in July?

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