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Bitcoin Breaks 200-Week Moving Average for First Time Since 2022 as Jobs Report Reprices Fed Cuts - "The Defiant"
Bitcoin broke below its 200-week moving average Friday as a 172K jobs beat slashed Fed cut expectations. Deribit's CCO flags $1.2B puts at $60K.
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cointelegraph.com
Bitcoin is Back at the 200-Week Moving Average After Nearly Three Years
Bitcoin revisits its 2022 bear market trend line for the first time in years with BTC price RSI nearing six-year record "oversold" levels.
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cryptobriefing.com
Bitcoin briefly falls below $60K for the first time since October 2024
Bitcoin fell below $60K on June 5, its weakest level since Oct 2024, as hot jobs data fueled bets on Fed rate hikes, sent the dollar higher.
