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Bitcoin (BTCUSD) Bears Signal Prolonged Downtrend as EMA Crossover Mirrors 2022 FTX Crash

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin shows bearish signals with a bearish EMA crossover last seen in April 2022, hinting at a prolonged bear market similar to that triggered by the 2022 FTX collapse, with BTC now weak relative to silver at previous bear bottom levels.
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75788.83 +15.29% over the displayed period

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