Bitcoin (BTC), the world’s first and largest cryptocurrency by market capitalization, is currently trading just above its 50-Day Moving Average (DMA) around the $27,300 mark, with bulls having mounted a strong protection of support in the $27,000 area in recent days.
The BTC price dropped 9% last week and, at current levels, is around 12% below the 10-month highs it hit earlier this month above the $31,000 level....
Read More: Bitcoin Price Prediction as Bulls Protect the $27,000 Support – Where is BTC Headed Now?
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