Bitcoin's potential has been activated on this timeframe, if BTCUSD remains below EMA10, it is very likely to move lower and test EMA50, which is now sitting at $7929.
There is strong support at around ~$9,000 which needs to break first before EMA50 can be tested as the next support.
For Bitcoin to reverse, the first barrier to break is a close above EMA10 ($10,070). After this level is broken, we can consider higher targets on a perspective.
Right now we are looking .
Thanks a lot for your time.