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Bitcoin Losing the 200 Day MA Could Push it Lower to $34.7k – Analyst

Bitcoin Losing the 200 Day MA Could Push it Lower to $34.7k - Analyst 15

The Bitcoin sell-off continues into its third dayBitcoin has lost the 200-day moving average with the collapse of the $40k supportIf Bitcoin closes below this MA, it could open the doors to $34.7k which is the 50% retracement level from the March 2020 bottomBitcoin and the crypto markets are once again in the red for the third straight day. The dip was initially catalyzed by … [Read more...] about Bitcoin Losing the 200 Day MA Could Push it Lower to $34.7k – Analyst

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Recent Posts

  • Mt. Gox’s former CEO floats hard fork to recover 80K hacked Bitcoin
  • MoonPay PYUSDx Framework Is Bringing App-Specific Stablecoins to the Mainstream
  • Vaneck Director: People Tend to Underestimate Long-Term Impact of Spot Bitcoin ETFs
  • Crypto betting firm Stake secures naming rights to Sauber’s F1 Team
  • Bitcoin price breaks above $45K, days ahead of potential ETF approval

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ADA Bank Billion Binance Bitcoin Bitcoins Blockchain BNB BTC Cardano Coinbase Crypto Data DeFi Digital DOGE Dogecoin Dot ETH Ether Ethereum Exchange Firm fund High Investors Launch Launches Market metaverse Million Mining Network NFT NFTs Platform Price Raises report support Token Top Traders Trading XRP

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