Despite being up about 5% on the day, BTC’s price took a beating in the past couple of days. It appears that the bulls are attempting to retake control, although the shot at $47K from earlier today has so far been unsuccessful.
Technical Analysis
By: Edris
Daily timeframe:
Bitcoin’s price is struggling to recover, and it is still trading below the 200-day moving average. This level is one of the most common indicators to determine whether an asset is…
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