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HOT TOPIC: Bitcoin loses its 50-month EMA

The only other times

$BTC closed below this level: 2018 and 2022. With 60K under pressure, 55K and 50K are back on the radar. Bottom in, or trapdoor open?

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BTC

61,458.24

-2.15%

ETH

1,629.72

-2.29%

BNB

588.31

-1.71%