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Bitcoin Fell Below Its 200-Day Moving Average

(5 hours ago) · 1 source · Summarized by CryptoBipto

Bitcoin dropped below its 200-day moving average, a widely watched technical indicator. Some analysts have pointed to $67,000 as a potential support level if the decline continues.

WHY IT MATTERS

A moving average is like a smoothed-out version of a price chart.

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SOURCES

  • beincrypto.com

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