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Every time Bitcoin has tested this EMA ribbon, it has reacted hard. September 2024. Tapped it and bounced. March 2025. Tapped it and bounced. October 2025. Lost it, and the ribbon flipped red. Every rally since has died right underneath it. Price is $65,000. If we get an extended... show more
17,298 Aufrufe • vor 2 Monaten •via X (Twitter)
28 Kommentare

Was expecting before the next leg up

The EMA ribbon remains the key level until price proves otherwise. 👀

everything is bitcoin

Agreed! This is resistance until proven otherwise.

Green everywhere what a rally

Getting chopped up by these relief rallies is the classic trader experience. Instead of losing sleep trying to time this specific EMA rejection, I am just using Nexo to auto DCA. If we go to 47k, I buy cheaper. If we break the ribbon, I am already in.

everything will follow

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so if we lose $65k again it's actually over

The reaction at the ribbon could decide the next major move.

The reaction at the ribbon matters more than the prediction

I think we may even go as low as 40k

If the ribbon rejects price again, bears stay in control.

this is interesting

That ribbon is a bearish magnet, not a breakout level. Fade the euphoria.

Bro that ribbon is a brick wall. If we don't reclaim it fast, 47k is the next stop.

Looks bullish.

Interesting perspective.

We're certainly going below 50k Before we take a bounce

Every update is another step toward a more connected crypto ecosystem. 🌐

Was expecting before the next leg up not leg down

This chart has me feeling a bit dizzy

interesting

Ths is where discipline seperate traders from gamblers

So from here now we only going up

$65K into the ribbon is the last kiss before the $47K goodbye.

This chart has me feeling a bit dizzy

Hmm, things getting interesting
