With bitcoin testing its 200 week moving average, on-chain data suggests the $50,000 to $54,000 range could become the next key battleground.
Bitcoin is currently testing its crucial 200-week moving average. A long-term indicator suggests the cryptocurrency might need to drop 15% or more to establish a definitive bottom. On-chain data indicates that the $50,000 to $54,000 range could become a significant battleground…
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