finance.yahoo.com/news/bitcoin-btc-goes-sub-35-025930247.html
This weekend, Bitcoin fell back to sub-$35,000 for the first time since February. There was no weekend relief rally in the wake of Thursday’s sell-off, with the broader crypto market also on the slide. On Saturday, BTC fell by 1.50%. With no direction coming from the US markets until Monday, the bears remain in control.

The Bitcoin Fear & Greed Index slid from 23/100 to 18/100 this morning. The decline saw the Index fall deeper into the “Extreme Fear” zone. The Index hit a month high of 53/100 on April 05, which coincided with Bitcoin revisiting $47,000 levels.

Bitcoin slid through the First Major Support Level at $34,828. Bitcoin would need broader market support to break out from $35,500. In the event of an extended rally, bitcoin could test the Second Major Resistance level at $36,119. The Third Major Resistance Level sits at $38,062.

Bitcoin sits below the 50-day EMA, currently at $37,518. The Third Major Support Level sits at $32,895. Looking at the EMAs and the 4-hourly candlestick chart (below), it is a bearish signal.

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