Analysts split on whether Bitcoin will regain its record high after a 45% fall
MARKETSBitcoincoinbrief/daily · 1 source
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What happened
Bitcoin has fallen below $68,000, more than 45% under its record high of $126,080. Some commentators think the record will never return, while others believe the price is close to a bottom and a recovery may follow.
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What to do
- Watch whether Bitcoin holds the 200-week moving average near $67,975, with the $66,000 to $67,000 zone and $62,300 as the next downside levels.
- Watch for a weekly close below $60,000, which analysts cite as a clear warning for the bulls.
Written by AI from the sources, checked against them
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Who reported · 1 outlet
BeInCrypto
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