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CoinGape
2022-06-22 04:07:59

Bitcoin (BTC) Faces Resistance at 200-Week Moving Average, Further Downside Possible?

Bitcoin (BTC) Faces Resistance at 200-Week Moving Average, Further Downside Possible?

After a brutal crash last weekend, the Bitcoin (BTC) price bounced back surging past $20,000. On Tuesday, as BTC attempted to march forward above $21,500, it faced resistance and has retraced since. As of press time, Bitcoin is trading at $20,474 with a market cap of $390 billion. For Bitcoin to sustain the upward momentum, The post Bitcoin (BTC) Faces Resistance at 200-Week Moving Average, Further Downside Possible? appeared first on CoinGape.

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