Bitcoin Price Analysis: This Key Level Holds the Fate of BTC’s Bull Run

Description

Bitcoin’s price has been experiencing a massive drop over the past few weeks, and while it initiated a brief recovery recently, the correction is not over yet. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has been dropping over the last couple of weeks, breaking below the $92K level and is now testing the 200-day moving average, located around the $83K mark. If the 200-day moving average is broken to the downside, the entire field will likely ...