#BTC Bitcoin is rejecting from the Macro Downtrend which is also confluent with the 21-Month EMA (green) If Bitcoin rejects from this confluent zone of resistance then indeed a retest of the 50-Month EMA (purple) could be on the horizon Generally, Bitcoin needs to reclaim both of this Macro EMAs into new support as well as breach the Macro Downtrend to confirm a new Bull Market At the moment, Bitcoin is still experiencing Lower Highs and has not experienced confirmed reclaims of key EMAs BTC #Bitcoin(Rekt Capital)