“Bitcoin closed the [last] week with a notable drop below its 200-week and 200-day moving averages, signaling a shift to a bearish trend. From current levels near $26,000, the following area of decline appears to be the last pivot area at $24,700,” Kuptsikevich said in an email.
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- Source: https://www.coindesk.com/markets/2023/08/22/bitcoin-looks-most-oversold-since-covid-crash-key-indicator-suggests/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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