$BTC ! The price just dipped below a key level for long-term trends, called the 200-day average. This is the first time this has happened since last October. ๐
Why is this a big deal? Well, according to CoinDesk, this might be a sign that the bull market might be over and a downtrend could be starting. ๐ค
But is that for sure? ๐ค Not necessarily. There's another price point to watch at $57,590. ๐ฅ๐ If #BTC can stay above that for a day, things might not be so gloomy.
We'll keep an eye on it and let you know what happens next! DYOR! #Bitcoin