Bitcoin Price Holds 50-Week Trend Despite $6.3B Binance Hack
Bitcoin has closed above its 50-week moving average for a seventh consecutive week despite the $6.3 billion Binance hack and renewed crypto-market volatility. Glassnode says even a pullback toward $75,800 could leave the broader technical setup intact. Bitcoin Closes Above 50-Week Average for 7th Straight Week Bitcoin just absorbed one of crypto’s largest exchange hacks […]
Key Takeaways
- Bitcoin has closed above its 50-week moving average for a seventh consecutive week despite the $6.3 billion Binance hack and renewed crypto-market volatility.
- Glassnode says even a pullback toward $75,800 could leave the broader technical setup intact.
- Bitcoin Closes Above 50-Week Average for 7th Straight Week Bitcoin just absorbed one of crypto’s largest exchange hacks […]
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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