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Bitcoin traders don’t expect new highs until the 200-MA becomes support

Bitcoin price trades in a 7-month range, and charts suggest the pattern could culminate with a strong downside move.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin traders don’t expect new highs until the 200-MA becomes support

Bitcoin price trades in a 7-month range, and charts suggest the pattern could culminate with a strong downside move. 

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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