Technical Analysis
Posted 1 hour ago
Crypto: Bears Remain in Control Near 50-Day Moving Average
Bitcoin and the broader crypto market have declined 2% over seven days, consolidating near the 50-day moving average after a Monday rebound from $2.16T to $2.18T market cap. Price action remains confined within a narrow range with bears maintaining directional control. Key watch: whether the market breaks above the 50-MA or fails lower.
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