Bitcoin Stumbles as Historical Resistance Levels Reemerge
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Cryptocurrency tracking firm CryptoQuant notes that Bitcoin faced substantial selling pressure upon nearing its 200-day moving average, set at $82,400. This marker, recognized as an essential bear market threshold, frequently triggers sharp price corrections, aligning with earlier market behaviors.
Continue Reading:Bitcoin Stumbles as Historical Resistance Levels Reemerge
4h ago•
bullish:
0
bearish:
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