Summary

  • Bitcoin closed below its 50-week average for the first time in 7 weeks. Is the June low at risk?

  • This crypto asset has broken above this line twice since hitting bottom. What happens next?

  • Bitcoin has less room above this cycle’s low. How thin is that cushion?

Read the original article, Bitcoin’s 7-Week Bottom Signal Just Broke Out. Here’s What Happened in the Last 2 Cycles, by Kamina Bashir on id.beincrypto.com

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