Bitcoin Drops Below 200-Day Average, Brings Bull Market Trendline Into Focus

Bitcoin Drops Below 200-Day Average, Brings Bull Market Trendline Into Focus

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Source: Coindesk.com

BTC fell below the 200-day SMA line for the first time since October. The focus now is on the trendline representing the surge from October lows.

Bitcoin's (BTC) decline gathered pace as the largest cryptocurrency fell for a third straight day, dropping below the 200-day simple moving average (SMA), a good

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The post "Bitcoin Drops Below 200-Day Average, Brings Bull Market Trendline Into Focus" appeared first here Coindesk.com.

Source: Coindesk.com

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