BYBIT:BTCUSDT   BTCUSDT SPOT

OVERALL, BTC is in a downtrend channel. We might see 13k-14k soon if the market dumps in the upcoming days. Daily, BTC got rejected at EMA 34, leading to a hard rejection at resistance. Meanwhile, keep shorting at resistance. To reclaim the uptrend line, BTC has to touch 20.2K with little sideways action here.

***That was a rejection on 200 EMA, not 50 sma.

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