Bitcoin Price Crash to $48K? Analyst Warns 200-Week EMA Breakdown Could Trigger Deeper Selloff

The post Bitcoin Price Crash to $48K? Analyst Warns 200-Week EMA Breakdown Could Trigger Deeper Selloff appeared first on Coinpedia Fintech News

Bitcoin price is approaching a critical technical moment, and one market analyst believes the next weekly candle could determine whether a much larger correction is waiting around the corner. The warning centers on Bitcoin’s 200-week EMA that has historically acted as one of the market’s strongest long-term support zones. According to the “cryptocrushshow” instagram analysis, …