BTC P.P.U

25 May 2021

Hi everyone, I kind a need the feel to make an update, the situation in my opinion has still not changed, it looks like we are still on a down trend. I hope we will get a reversal. I just don't believe this is it. Yes we are moving away from the 50EMA on the weekly which is a good sign. Yet BTC historical data shows there was a almost %100 reversal before entering the low market. Do I think that is the case, no I don't, this is just a normal correction. But also my opinion is not relevant here. We need clear confirmation for us to have confidence in a reversal. As I said before that confirmation in my opinion is 50K and above BTC. What are your thoughts on that, I welcome the good, the bad and the ugly comments. Stay safe, stay positive.