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Bitcoin Struggles Below Key 200-Week SMA as Chain Split Stirs Caution

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The Story

News Summary

  • Bitcoin struggles below its 200-week SMA, remaining stuck in a $58k–$66k range.
  • Heightened risks from a softfork chain split and high-profile divestments weigh on sentiment, despite potential long-term supply constraints from lost coins.
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BTCUSD price history

77560.96 +17.73% over the displayed period

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