BTC in the Danger Zone

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BTC has failed to hold all three major support at the SMA(20), SMA(50), SMA(200), so a conservative approach is warranted.

BTC could still hold the 20-week moving average, but if that breaks to the downside, there isn't support until around $37,500.

Be cautious.
Bitcoin (Cryptocurrency)BTCChart PatternsCryptocurrencyTechnical IndicatorsTrend Analysis
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