Bitcoin's 55 EMA test is deferred, not cancelled
Bitcoin is likely due for a modest short-term pullback next week, but nothing dramatic — neutral-to-mildly-bullish for holders who expect the uptrend to stay intact.
- Unless Bitcoin closes the week with a strong bullish candle, a small dip next week is the base case.
- A retest of the 78,000–79,000 area would be normal and not a reason for alarm.
- A deeper test of the 55-day moving average is very likely within 30 days, but it keeps rising as Bitcoin holds up, so the test will land higher than it would today.
- The timing of that test can't be pinned down — the setup says it will happen, not when.
Outlook: Expect a shallow pullback near-term, with the 55 EMA catching up toward recent lows over the next week or two.
## Bitcoin Levels
- **Bias:** neutral to mildly bullish — pullback expected, but uptrend intact
- **Buy / accumulate:** $78,000–$79,000 zone; the 55 EMA (rising toward today's low)
- **Support:** $78,000–$79,000; 55 EMA
- **Invalidation:** none stated