Bitcoin is experiencing a correction but please guys do not panic, it is just revisiting the 21 Day EMA for the 6th time if you count the red circle.Bitcoin has held this level for 3 months!If bitcoin can hold this line I expect a swift recovery if not more downside will come.I am comfortable longing at this level with a stop loss at around 29.5k.Very simple analysis.Please leave a like and follow if you want more easy and simple technical analysis.