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Bitcoin Price Analysis: Global Risk-Off Drives BTC Below the Critical 200MA, Where is it Heading Next?

BTC’s weekly close above the 21-week and 200-day moving averages flashed the largest technical buy signal since April 2020, marking a major step forward for potential bull market continuation. Although…

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Bitcoin Price Analysis: BTC Eyes Today’s Critical Weekly Close As Volatility Continues

Yesterday’s BTC price action shook traders throughout the day with rounds of short and long liquidations. Bitcoin’s price managed to hold the 200-day moving average at $45.3k as support, making…

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Bitcoin’s Upcoming Weekly Close Can Trigger The Most Bullish Buy Signal Since 2020 (BTC Price Analysis)

Recent BTC price action intensified after BTC closed above the 200-day moving average line on the daily time-frame, but then closed back below this significant key level on Thursday. However,…

Continue ReadingBitcoin’s Upcoming Weekly Close Can Trigger The Most Bullish Buy Signal Since 2020 (BTC Price Analysis)