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#50dayma

50dayma

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$BTC is trading around $80,800 and has closed below the 50-day average ($81,807) for the second day in a row. The last time this happened was 66 days ago. The 20-day average at $82,560 is now acting as resistance, while over the past 24 hours the price has stayed in the $80,455–81,939 range. Network fees are at a low: the market is quiet, but that could change quickly ahead of the Fed on October 28. Will it get back above $81,800 before the Fed? 👇 #50DayMA
$BTC is trading around $80,800 and has closed below the 50-day average ($81,807) for the second day in a row. The last time this happened was 66 days ago. The 20-day average at $82,560 is now acting as resistance, while over the past 24 hours the price has stayed in the $80,455–81,939 range. Network fees are at a low: the market is quiet, but that could change quickly ahead of the Fed on October 28.
Will it get back above $81,800 before the Fed? 👇
#50DayMA
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