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Bitcoin Price Plunge Stopped Right at 200 EMA, And It Means Recovery is Imminent | NewsBTC

Bitcoin Price Plunge Stopped Right at 200 EMA, And It Means Recovery is Imminent | NewsBTC

The bitcoin price plunged by around eight percent overnight against the USD in one of the strongest long squeezes in recent months. The pullback stopped right at 200-day exponential moving average (EMA), and the dominant cryptocurrency has started to show signs of recovery.




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