#BTC 1M chart

Why I’m expecting a decent Dead Cat Bounce BEFORE going below $80k 📉

👉 EMA21 is a key Support level

When #BTC tops out and prints its first wave of a Bear Market, it usually finds Support at the EMA21 on the monthly timeframe and bounces back up 📈 (Lower High)

After that Dead Cat Bounce the EMA21 eventually breaks and #BTC accelerates to the downside 📉📉