Bitcoin Closes Below 50-Week MA: Will $101K Reclaim Decide the Next Move?

TLDR Bitcoin opened the year below $90K and continues trading near $89K after failing to reclaim the $90K level. Bitcoin currently trades below the 50-week simple moving average, which stands at $101,614, according to Bitcoinsensus. The latest weekly candle closed below the 50WSMA, ending a long period where the level acted as support. Bitcoin trades [...]

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