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BTC price loses 200-week trend line as 2022 repeats: Five things to know in Bitcoin this week

The Cointelegraph โ€‹

Cryptocoins News / The Cointelegraph โ€‹ 460 Views

BTC price loses 200-week trend line as 2022 repeats: Five things to know in Bitcoin this week

Bitcoin confirmed a weekly candle close below its 200-week moving average, copying the 2022 bear-market as traders warn of further BTC price downside next.

Bitcoin (BTC) is starting the new week at around $63,000, but bear-market history continues to repeat with weekly close below a key long-term trend line.


Key points:

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