BTC still looks a bit unhealthy to me.


We’re sitting around 70k while the 200-day EMA is closer to 86k. I treat that line as a simple long-term “are we back in an uptrend yet” check. Being that far below usually means rallies can still get sold and we’re not out of the woods.
The only thing keeping me from turning bearish is 64k holding twice in Feb. Real buyers showed up there.
For me it’s simple: I need a clean daily close above 75k with real volume. Until then, patience.
BTC-3.5%
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