Bitcoin Slides Under $81K as Trump Breaks a Line Bulls Held Since August
Bitcoin closed a daily candle below its 50-day moving average for the first time since August, as $318 million in long bets were wiped out in a single day. The Line That Broke For roughly two months, bitcoin’s 50-day moving average (MA) acted like a floor where every dip toward it got bought. That status […]
Key Takeaways
- Bitcoin closed a daily candle below its 50-day moving average for the first time since August, as $318 million in long bets were wiped out in a single day.
- The Line That Broke For roughly two months, bitcoin’s 50-day moving average (MA) acted like a floor where every dip toward it got bought.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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