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Benjamin Cowen: Bitcoin Falls Below the 50 Week Moving Average

Bitcoin Falls Below the 50-Week SMA

Bitcoin slid under its 50-week simple moving average—a line many traders treat as the heartbeat of the bull market. Breaching this level often raises bearish eyebrows, since a hold above the 50W SMA has historically signaled ongoing strength.

Now all eyes are on key support zones and trading volume: will BTC snap back above that golden line, or is this the start of a deeper pullback?

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