As we are less than a day away from seeing Bitcoin’s weekly candle close, price is coming VERY close to closing above some major macro levels.
The major level I’m keeping an eye on is the 100EMA that I’ve been talking about for the past week now. This EMA has clearly been a MAJOR support and resistance level over the past year during this bear market.
This means if we see price close above this exact level tomorrow evening, the macro probability shifts in favour of the bulls EVEN more than it already has over the past 2 weeks.
Keep a VERY close eye on this level at the weekly close tomorrow!
