The Bitcoin price chart has broken its 465-day uptrend line. Also, in daily time frame, it has always reacted to the 50-day moving average. So if the price of Bitcoin breaks the specified range, there is a possibility that the price will fall to the price range of 29,100, 24,000 or 17,800.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.