Bitcoin Tests 200-Week Moving Average as ETF Holders Face Record Losses

TLDR: Bitcoin is trading near $62,730, testing the 200WMA for the first time this cycle. ETF holders face roughly 14% unrealized losses with cost basis near $72,400.  An estimated $10.5 billion has exited Bitcoin ETFs since October 12.  Realized Price near $53K–$54K is the next key level if the 200WMA fails.  Bitcoin is testing a [...]

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