Bitcoin Price: Why Today’s Weekly Close Is Crucial to Avoid $8,000s

by Aurelia Butler 24 May 2020, 13:00 189 Views

If Bitcoin is unable to reclaim the levels aforementioned, the likely inevitable breakdown would be to retest the May lows and 20-week MA, currently around $8,160. Typically this is the line in the sand between continuation higher and a more meaningful bearish downturn.

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Bitcoin Price: Why Today’s Weekly Close Is Crucial to Avoid $8,000s

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