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Bitcoin Multi-Week Dip Nears Crucial 50-Week EMA: Analyst Says “This Is the Moment”

11h ago
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Bitcoin Multi-Week Dip Nears Crucial 50-Week EMA: Analyst Says “This Is the Moment”

As Bitcoin extends its multi-week decline, touching $103,700 today, attention is now shifting toward a technical level that has repeatedly defined its long-term trend. Analyst Lark Davis highlighted this level in a new post, noting that Bitcoin is approaching the same area that triggered several major rebounds since early 2023.

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11h ago
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