 -&gt; 50W EMA thoughts 🚨

If $BTC closes/stays below the 50W EMA at 33.6k this week, this is BAD news

Here's a look at the last 3 times  closed/stayed below the 50W EMA, excluding the Covid crash. 

Average drop 61%. A 50% drop to the 200W EMA brings Bitcoin to 17k ⚠️ https://t.co/UblbzrPVJg