Bitcoin is performing a bullish retest of the 50-week moving average (~$75.6K). After reclaiming it for the first time in months (and multiple weekly closes above), BTC is now testing it as support near $76K. Historically, holding the 50 WMA after a reclaim has marked the end of bear markets. This week’s close will be key. Bulls want a hold here. #Bitcoin #BTC
Crypto DivesShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.