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Bitcoin reclaims 50-week moving average as analysts eye end of bear market
Bitcoin’s move above its 50-week moving average has historically marked the end of bear markets, but analysts say one weekly close isn’t enough to confirm a new bull run.
· 1 min read · 97 words · via Cointelegraph
Wire briefing
Bitcoin’s move above its 50-week moving average has historically marked the end of bear markets, but analysts say one weekly close isn’t enough to confirm a new bull run.
Source: Cointelegraph. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.
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