#BITCOIN $BTC Bearish Pressure 30.05.2021

$BTC has higher chances to continue down. It needs to at least close above the daily 8 EMA line to show some bullishness. So far, volume on the red days is higher than on the green ones.

Tomorrow is the monthly closure of critical importance.

On the last day of the month, $BTC could sharply fall to make a lower low and sharply recover. If this happens before the monthly cut-off, there would be a possible bottom. There are few other scenarios, but it’s better to wait for the monthly print before exploring them.

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