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Bitcoin Price Faces New Test, What are the Odds of a Quick Recovery?

Key Insights: Bitcoin (BTC) price traded near a crucial technical marker on Monday as traders monitored whether its 50-day trend average would hold. The level often acted as a pivot between sustained rallies and deeper pullbacks in past market cycles. Bitcoin price tested the 50-day trend average The 50-day simple moving average marked a key [...]The post Bitcoin Price Faces New Test, What are the Odds of a Quick Recovery? appeared first on The Coin Republic.

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