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Bitcoin beats FTX, COVID-19 crash with record dive below 200-day trend line

1 min read
Bitcoin beats FTX, COVID-19 crash with record dive below 200-day trend line

Bitcoin experienced a significant downturn, plunging below the 200-day simple moving average, marking its worst performance since the FTX collapse and the COVID-19 market crash. Analysts predict a potential "mean reversion" in BTC prices as bear market momentum continues to dominate.

Read the full story at CoinTelegraph →


Source: CoinTelegraph · Report an issue

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