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 […]
Source: https://news.bitcoin.com/finance/bitcoin-price-50-day-moving-average-trump-iran-liquidations/