#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.

Musings:
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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