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Bitcoin Slips Below $80,000, but 3 Warning Signs Flashed Red First
Bitcoin (BTC) price slipped below $80,000 on Wednesday, falling more than 2% over the past 24 hours. The drop follows a 37% rally from April lows, stalling at the 200-day moving average (200-day MA). However, three warning signs had flashed red beforehand. The 200-day MA setup, the drivers behind the rally, and on-chain data each...
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