BTCUSDT 4H: MA Compression with Bearish Structure Forming
Market Overview BTC is currently trading around the 70,000 level after rejecting from recent highs.Price action remains slow and slightly downward, suggesting a weak consolidation phase. āø» MA Structure The key point is that the moving averages are starting to shift bearish. ⢠5MA: turning down ⢠20MA: flattening to slightly down ⢠60MA: still…
