From a technical vantage point, BTC has fallen below both the 10- and 20-period exponential moving averages (EMA). Moreover, the 10-period EMA has begun to cross below the 20-period EMA, which traders may view as being short-term bearish in nature. Bitcoin’s price is challenging the support level of $20,500, as Monday’s “Market Wrap” suggested. Intraday volume is approaching average levels over the most recent 20 days of trading, which adds credence to the strength of the move
Source: https://www.coindesk.com/markets/2022/07/26/market-wrap-bitcoin-declines-further-as-momentum-wanes/?utm_medium=referral&utm_source=rss&utm_campaign=headlines