Bitcoins 50-dages glidende gennemsnit er i fokus, efter at kryptovalutaen faldt 11 % fra et 10-måneders højdepunkt of $31,000 it hit last week. The decline has brought attention to bitcoin’s 50-day simple moving average, which now sits at $27,244. According to Alex Kuptsikevich, senior market analyst at FxPro, a potential violation of the 50-day SMA support would challenge the bullish market sentiment. “The market has erased its previous growth momentum and is now testing the strength of the medium-term uptrend in the form of the 50-day moving average,” Kuptsikevich said in an email. “A break below this would call into question the bull market’s strength, while a consolidation below $26,600 could be the prologue to a more profound decline.”
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