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Bitcoin Risks Deeper Price Losses Below 50-Day Average: Analysts

A break below the 50-day simple moving average would shift the focus to long-term support near $25,200, one analyst said.

Updated Jul 26, 2023, 10:56 a.m. Published Jul 26, 2023, 10:56 a.m.
BTC's daily chart (TradingView/CoinDesk)
BTC's daily chart (TradingView/CoinDesk)