CoinDesk analysis: 30-day moving average ($4,987) will be the main support for BTC

CoinDesk analysts said that BTC failed to maintain its gain above the 50-week moving average. The relatively strong index on the daily bar chart showed a bearish divergence, while the short-term moving average showed a bullish withdrawal. Therefore, BTC may still fall below $5,000 in the next few days. Unless the key 30-day moving average of $4,998 once again provides strong support, the short-term outlook will turn into a bullish outlook and the 30-day moving average is still climbing.