Technical Analysis
Posted 1 hour ago
Bitcoin: Lower for Fourth Day, Capped by 50-Week Moving Average
Bitcoin edges lower for a fourth consecutive day, facing resistance at the 50-week moving average. Market cap sits at $2.66T, above both the 50-day ($2.39T) and 200-day ($2.38T) MAs, forming a bullish golden cross. Price action remains range-bound as traders await fresh directional signals. Watch for a break above resistance or a drop below key support levels.
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