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Bitcoin (BTCUSD) Tumbles Below 200-Week EMA, Signaling Prolonged Correction Risks

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

News Summary

  • Bitcoin closed below its critical 200-week EMA for the first time since October 2023, signaling a possible extended corrective phase and slower capital rotation that may delay recovery for several weeks to months.
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BTCUSD price history

76787.42 +13.84% over the displayed period

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