Bitcoin Needs to Reclaim 21-Week EMA for Bullish Momentum
- Bitcoin is currently trading at $82,536.
- The 21-week EMA is a key resistance level for Bitcoin.
- Rekt Capital suggests a breakout signal would be a weekly close above the green EMA.
- BTC Dominance (BTC.D) is currently at 62.26%.
- An altcoin season may occur if BTC.D rejects from the 71% resistance level.
Bitcoin needs to convert the 21-week EMA into support to regain bullish momentum, according to analyst Rekt Capital. Currently trading at $82,536, BTC’s dominance in the market stands at 62.26%. A potential altcoin season could emerge if BTC.D hits and rejects from its historical resistance of 71%.
Source (2.6)https://dailyhodl.com/2025/04/01/heres-what-bitcoin-needs-to-do-to-confirm-bullish-breakout-according-to-trader-who-nailed-2024-btc-correction/?rand=59076
