CryptoCointelegraphabout 1 hour ago
Bitcoin Dips Below 200-Week Trend Line
2 min read
Bitcoin fell to $67,500 on Friday, slipping below its 200-week simple moving average at $67,993 for the first time in 11 weeks. Analyst Keith Alan warns the price could revisit $57,700 if the weekly relative strength index drops below 41.5. This decline coincides with Asian stocks falling 1.55% following Jensen Huang's resignation as Nvidia CEO.
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