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Bitcoin Faces a 'Likely' Breakdown From a 50-Month Trend Line

Bitcoin analysis compares BTC price action to the 2022 bear market, warning of a break of support at a 50-month trend line.

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cointelegraph.comStai leggendo3 mesi fa

Bitcoin analysis compares BTC price action to the 2022 bear market, warning of a break of support at a 50-month trend line.

Bitcoin fell 17% this week to about $61,000, closing below the 200-week line that held every cycle. Only the 50-month average at $59,300 remains.