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Bitcoin (BTC) analysts mapped out the key BTC price levels to watch as the market’s focus shifted to the $58,000 to $65,000 zone as the last line of defense.
Bitcoin price is wedged between two key levels
Bitcoin is currently wedged between the 200-week simple moving average (SMA) at $68,300 and the 200-week exponential moving average (EMA) at $58,400.
Generally, in Bitcoin’s trading history, major BTC bottoms have formed between the 200-week SMA and EMA, according to analyst Jelle. This suggests that…
https://cointelegraph.com/news/traders-pinpoint-three-price-targets-for-bitcoin-if-dollar70k-holds-as-resistance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
