$BTC Daily EMA Death Cross Approaching on $BTC
These usually occur after a decline, but honestly, we haven't really declined that much yet
These events have only two outcomes:
- Trigger a nice upward movement (due to the lagging indicator after the decline)
- Trigger a nice downward movement because it is in the trend and has not yet ended
I won't lie and say I have high certainty about which direction it will go, I don't know, my confidence in the downside is over 90%, from the end of December 24 to January, we have already experienced quite a bit