COINBASE:BTCUSD   Bitcoin / U.S. Dollar
We have closed bellow the 50 Week EMA and also the 50 MA lines, the 50 EMA have been always acting as a strong support with the body before and never closed bellow in this market and now they could act as a resistance, prices could drop even more from here, we also lost a strong support there and we are now bellow too so we need to be above them lines to look good again, things are looking bad right now.