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Bitcoin, S&P 500 Struggle Below Key Technical Level in Sign of Further BTC Price Drops

Short-term bitcoin holders have sold over 100,000 BTC since February.

By James Van Straten|Edited by Sheldon Reback
Updated Mar 13, 2025, 5:13 p.m. Published Mar 13, 2025, 4:47 p.m.
Chart of the bitcoin price (TradingView)
The bitcoin price has dropped below its 200-day moving average. (TradingView)