The daily chart is terrible, the 50-week moving average has been broken, as well as the support.
After the initial break, the price frequently tests the moving average from below again. If the retest fails and the price cannot return above it, a more pronounced drop and a long-term downtrend should be expected.$BTC
After the initial break, the price frequently tests the moving average from below again. If the retest fails and the price cannot return above it, a more pronounced drop and a long-term downtrend should be expected.$BTC
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