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Home›Crypto›Market Structure›Bitcoin retakes a key moving average watched by chart…

Bitcoin retakes a key moving average watched by chart traders

AltcoinPro Research says the more important threshold is holding above its 200-day average.

Reported · Written up by our desk · Market Structure

CoinDesk reports Bitcoin has returned above its one-year average, a move that has drawn attention from chart watchers.

The outlet notes that AltcoinPro Research highlights a separate level to monitor, saying the more important signal is whether Bitcoin can stay above its 200-day average.

Latest closeBitcoin $81,906.63 ▼1.4%

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Sources

CoinDeskBitcoin just topped a key long-term moving average. Here's what it might mean

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