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Bitcoin Nears 200-Day Average Ahead of Seasonally Bullish Period, Triggers Over $400M in Liquidations

There is continued buying support from Terra’s Luna Foundation Guard, one observer said.

Updated May 11, 2023, 6:44 p.m. Published Mar 29, 2022, 11:24 a.m.
Bitcoin nears the 200-day moving average after a 25% rise in two weeks. (TradingView)
Bitcoin nears the 200-day moving average after a 25% rise in two weeks. (TradingView)