Quick Take The 200-day Simple Moving Average (SMA) is a pivotal indicator in technical analysis, marking the transition between bull and bear markets. On July 4, Bitcoin dipped below this critical threshold for the first time since August 2023. The current 200-day SMA is at $58,720, and Bitcoin’s price is hovering around $57,000. Historically, Bitcoin […]
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Go here to Read this Fast! Bitcoin price around 200-day SMA could signal upcoming bullish phase
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Bitcoin price around 200-day SMA could signal upcoming bullish phase