A #downward crossover between the 10-day (red), and 25-day (blue) moving averages has also #transpired, which could be a #sign of further sell-offs to come.
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On the other hand, if a #downward trend emerges, Bitcoin's price is anticipated to #encounter solid support levels around $26,600 and $25,200.
On the other hand, if a #downward trend emerges, Bitcoin's price is anticipated to #encounter robust support levels at approximately $26,600 and $25,200.
A #downward crossover between the 10-day (red), and 25-day (blue) moving averages has also #transpired, which could be a #sign of further sell-offs to come.
A #downward crossover between the 10-day (red), and 25-day (blue) moving averages has also #transpired, which could be a #sign of further sell-offs to come.
Above all, a #downward-sloping support line from late #September 2022, close to $64.00 by the press time, is the key challenge for the Oil bears to tackle.
A #downward crossover between the 10-day (red), and 25-day (blue) moving averages has also #transpired, which could be a #sign of further sell-offs to come.
A #downward crossover between the 10-day (red), and 25-day (blue) moving averages has also #transpired, which could be a #sign of further sell-offs to come.
A #downward crossover between the 10-day (red), and 25-day (blue) moving averages has also #transpired, which could be a #sign of further sell-offs to come.
A #downward crossover between the 10-day (red), and 25-day (blue) moving averages has also #transpired, which could be a #sign of further sell-offs to come.
#Cryptocurrency #market capitulation revolves around investors' fears of further losses in a seemingly never-ending #downward spiral, but it's also the period of maximum #opportunity.