đ ANALYSIS | #Bitcoin has dropped below the 100 day simple moving average, a technical signal that could hint at a bearish trend ahead.
đ But not everything is red: key bullish factors remain on the table expectations of Fed rate cuts in September and continued institutional interest.
So⊠is it bear season for Bitcoin?
đą = Yes, heading down
đđŒ = No, just temporary
đ = Depends on Powell & ETFs
If this was useful, drop a like, follow for daily crypto wisdom & share it with your crypto fam so we can rise together on Write-to-Earn đ