Bitcoin Signals Potential ‘Crypto Winter’ as Market Drops Below 200-Day Moving Average ❄️
On April 16, COINOTAG News relayed a Coinbase Research report indicating that Bitcoin, along with the COIN50 Index, has dropped below its 200-day moving average. This move could be a signal of a forthcoming 'crypto winter', a period typically characterized by declining market prices and waning investor enthusiasm, affecting both major and lesser-known cryptocurrencies.
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