BTC: The Dilemma of a Breakout or Rejection!
2024-09-22

BTC Update:

BTC is still struggling to break above the dotted trendline, technically forming a hidden bearish divergence. In my previous update, I mentioned that BTC must close above  GETTEX:64K  on the daily chart to invalidate this hidden bearish divergence.
At the moment, we are seeing a rejection, and the 100 EMA (yellow line) needs to be held as support. A breakdown below the 100 EMA could likely have a bearish impact on BTC.

Stay cautious and trade safely.

Always do your own research and analysis before investing.

Regards,
Team Dexter

#BTC #cryptocurrency #Altcoins #cryptomarket 