$BTC

$BTC is currently facing resistance at the 50-day EMA, a level that has repeatedly acted as a ceiling in recent months. Despite a strong attempt to break out, price is struggling to close convincingly above the $85.5K zone — right at the EMA line.

The previous descending trendline has been broken, and while that's a bullish sign, the lack of follow-through above the 50 EMA signals ongoing hesitation from buyers. A clean breakout and daily close above the EMA would be needed to confirm bullish continuation.