Here’s why bitcoin turned lower from the 200-day average
Bitcoin’s BTC$77,336.25 recovery from February lows, which had begun to look like a new bull run, hit a wall last week at the 200-day simple moving average (SMA) positioned just above $82,000. Since then, prices have pulled back to $77,500 in a move reminiscent of 2022 when a 43% relief rally failed at the same...
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