Bitcoin possible scenarios pumping to the moon or buying the dip

BTC in 3 days time frame loses 20 and 50 EMA as a support and death cross is about to happen. Now we are at 100 EMA which seems to act as a support. If we bounce from 47K first resistance is 50K.

But in the second scenario in case we lose the 100 EMA 44481 should act as 0,6118 fib retracement level and we continue the downtrend.

RSI: breaks the local uptrend and shows the pullback.
MACD; is almost at the end of the downtrend.
Stochastic RSI: Also shows oversold momentum.


Dollar-Cost Averaging (DCA) is the best strategy.
Note: During the YTD #BTC is up 62%.

DISCLAIMER: I am NOT a financial adviser. None of what I have communicated verbally or in writing here should be considered as financial advice; it is NOT. Do your own research(DYOR) before investing in any digital asset, and understand that investing in any cryptocurrency is risky. If you do, you need to be prepared to lose your entire investment. I’m only recording my personal Technical Analysis (TA) for educational purposes.

I’m researching on crypto-economy and sharing my understanding with others, therefore these are results of my research NOT financial advice.

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📌You can find my other research result on: zil.ink/routinestation