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Bitcoin Drops Below 200-Day Average, Brings Bull Market Trendline Into Focus

Markets that consistently trade below the 200-day moving average are said to be in a downtrend.

Updated Jul 4, 2024, 9:49 a.m. Published Jul 4, 2024, 9:07 a.m.
BTC's daily chart. (TradingView/CoinDesk)
BTC's daily chart. (TradingView/CoinDesk)