BTCUSDT Update: Bearish Sentiment PrevailsHello everyone!
As of now, BTCUSDT has reached the 67k USD mark, just as I anticipated yesterday. Today, I continue to see a downward movement for this coin due to several reasons:
-The bearish trend is still in play.
-The price remains below the EMA 34 and EMA 89.
-The confluence of the EMAs and resistance levels provides strong signals for sellers.
Given these factors, I support the bearish (bear) perspective for both the short and medium term. What are your thoughts on this?