Bitcoin (BTC): Buyers Are Back | 200 EMA Is Under Pressure

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Bitcoin (BTC): Buyers Are Back | 200 EMA Is Under PressureBitcoin/USD Tether Perpetual ContractBINGX:BTCUSDT.PSwallowAcademyBitcoin is back and buyers are pressuring the local high area, where we are seeing small signs of the 200 EMA being broken, which could send the price into a volatile upside movement. The buildup here has been pretty good so far so what we are looking for now is that buyers take control over the 200 EMA; if that happens, we are aiming for the upper resistance zone near $78-80K, which, on the bigger timeframes, is the zone of the broken neckline. Swallow Academy