Bitcoin Price Fails At MA-200, Is A Crash To $52,000 Coming?

Quick Summary:

How To Weaken The Bearish Pressure Another analyst who has highlighted the Bitcoin price failure to break the MA-200 is Alan Santana.

Why The Bitcoin Price Failing At MA-200 Is Bad Crypto analyst RLinda revealed in a TradingView post that the Bitcoin price had actually tried to break the M1-200 level.

Even now, as the Bitcoin price looks toward some recovery, the bear camp continue to wax stronger, with a most recent failure to break the MA-200, suggesting that the uptrend may only be temporary and a larger crash could be at play.

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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets: United Kingdom

Topics: Bitcoin news Bitcoin Btcusd BTCUSDT Btc BTC news Btc price Bitcoin Bitcoin price

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-10 @ 06:30:25 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 476 words

Reading Time: 3 minutes read

Sentences: 67 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 22975917

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About NewsBTC

Main Topics: Crypto

Official Website: newsbtc.com

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News Last Updated: 14 hours ago

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