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Ethereum World News 2021-05-19 12:49:56

Bitcoin Losing the 200 Day MA Could Push it Lower to $34.7k – Analyst

The Bitcoin sell-off continues into its third day Bitcoin has lost the 200-day moving average with the collapse of the $40k support If Bitcoin closes below this MA, it could open the doors to $34.7k which is the 50% retracement level from the March 2020 bottom Bitcoin and the crypto markets are once again in the red for the third straight day. The dip was initially catalyzed by the weekend speculation that Tesla had sold its Bitcoin. Elon Musk soon […]

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