Bitcoin (BTC): Price Between 100EMA and $100K zone / Danger Zone
2024-12-04

Bitcoin has bounced from 100EMA, where our attentions were since yesterday. 

Although we were looking for a breakdown, we did not get it yet, so we still waited!

Price has bounced from this zone and now is trading between 100K and that 100EMA line, which puts the Bitcoin under huge pressure. 

2 possible ways to go but we are looking only for the one outcome from here and that's where our focus remains!

We want to see a break of 100EMA, which would give us a kickstart for the downward movement that we are seeking. So we keep waiting for perfect entry and more confirmations!!

Swallow Team