Bitcoin (BTC) fell into the Wall Street open on April 5 after briefly passing $47,000.
Trader shows importance of 200DMA for Bitcoin
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD encountering downward pressure as financial markets opened on April 5.
The pair was thus more or less at the same level as 24 hours previously, with the intervening period seeing volatility both up and down.
Amid an overall lack of…
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