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BITF this week? Brutal. Watching it slip below both the EMA10 and SMA20 after last week's decent momentum felt like a gut punch. That -16% weekly drop completely flipped the short-term picture—what looked promising seven days ago now screams bearish pressure building up.
The technical setup isn't pretty anymore. Breaking those key moving averages usually means one thing: we're probably headed down to retest recent lows. The bears clearly took control, and unless something drastic changes, that lower support zone is getting another visit real soon. Not the Friday vibe anyone wanted.