Bitcoin Holding 50-Day Moving Average: Exercise Caution, Friends.
After yesterday's decline, Bitcoin finds support at its 50-day Simple Moving Average. However, it's crucial to tread carefully, as failure to sustain this level may lead to a revisit of the previous low near $60,800.
Should this support falter, it could signal further downward movement. What are your insights on this potential scenario? Share your thoughts in the comments section below.
