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Bitcoin’s 50-Day Moving Average in Focus for Crypto Analysts After 11% Price Pullback

April 25, 2023
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The leading cryptocurrency by market value traded at $27,400 at press time, down 11% from the ten-month high of $31,000 reached on April 14, CoinDesk data show. The decline has brought attention to bitcoin’s 50-day simple moving average (SMA), currently at $27,244.



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