‼️BTC | Global Supports

➡️ The price approaches the key support block of the entire current bullish trend for BTC: 93,870 – 107,700$

💭 The block is formed based on:

🟢 annual EMA

🟢 three-year SMA

⚠️ If a breakout occurs and a monthly candle closes below the annual EMA — this will confirm the start of a bearish trend

🎯 In that case, the target will be to test the 6-year EMA (~50,000$)

👀 Therefore, it is important to monitor the price reaction to this support block over the next two months

Do you believe in BTC at 50,000$?

🔥 — yes

⚠️ — no

#btc #indicators #analysis