#Bitcoin
In a bull market, it doesn't close 2 candles below the weekly ema21.
While $BTC moves with ema8 in its rapid rises, when ema8 breaks, corrections continue until ema21.
Breaking Ema21, $BTC is entering a major correction or protracted bear market.
Now we are above ema21.
The final thing that I'd like to share:
If you're holding positions and you feel like you need to sell as the markets are dropping.
It's probably close to the bottom.
Don't listen to your emotions.
A lot of alts have lost HTF bullish market structure but there are a lot of alts that have had perfect clean retest on HTF levels
These are the alts you want to buy for the bounce, not the ones that lost levels.
To be honest;
Buying $SAND, $MANA or $CRO here is crazy.
Yes, it might run even more, but if you're not in, you've missed it.
Chasing it now, that's pure gambling.
I would avoid doing that.