Bitcoin Drops Below Key Weekly Moving Average, Raising Fresh Downtrend Risk
Bitcoin is flashing a new technical warning after slipping below a widely watched long-term weekly moving average, a move traders often interpret as a sign that downside momentum is gaining control. On a weekly BTC/USDT chart from TradingView using MEXC pricing, bitcoin was shown trading around 82,723 while the 100-week simple moving average sat near … Read more