Everytime PA touched 200ema you have rebounded

Wait 5 sec.

Everytime PA touched 200ema you have reboundedBitcoin FuturesCME_DL:BTC1!CulganewealthOver 400,000 BTC changed hands in 24 hours, dropping the price below $100K and shaking market confidence. Technical analysis says a long a short-term bearish trend. However everytime PA touched the 200 ema has touched PA has rebounded. Bearish divergance has been indicating on OBV and RSI... has this already played out? This isn't a collapse. It's a reset. Onchain data shows strong accumulation at these levels. Liquidity is rising. The bigger picture hasn't changed. MS hasn't changed on the long term charts- yet This is still an accumulation phase for investors who stay calm while others panic. Meanwhile, BlackRock is launching its Bitcoin ETF in Australia this month, marking another step toward mainstream adoption. This is the tailwinds of large institutional adoption.