Don't mean to scare you guys, but you should really see this.

Yes, Bitcoin's been pumping recently.

But on the bigger timeframe, $BTC isn't looking too good. It's currently facing the 50-week EMA.

This level acted as strong support throughout the bull run, but now that it's been broken, it's flipping into resistance.

I know it's a lot to take in. Daily looks bullish, but zoom out and it's a different story.

Not here to spook anyone, just putting this out so you can see things from another perspective. The rest is up to you.