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News
Bitcoin loses 200-week EMA support for first time since October 2023
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Cointelegraph by Biraajmaan Tamuly3h ago

Bitcoin loses 200-week EMA support for first time since October 2023

Bitcoin's weekly close fell below the 200‑week EMA near $67,628 for the first time since October 2023, ending an 882‑day uptrend. Historical episodes show it has taken roughly 8–30 weeks to reclaim this level, while realized price bands around $55,000 and $42,000 mark potential demand areas.
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Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
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