Technical analysts are closely watching Bitcoins price action. The cryptocurrency briefly dipped below its 200-day moving average, a key technical indicator. Some traders see this as a potential buying opportunity.
However, others warn that a break below key support levels could lead to further downside. The next few days could be crucial for determining Bitcoins short-term direction. 📊🔍
https://www.fxempire.com/forecasts/article/bitcoin-price-forecast-bitcoin-looking-to-bounce-on-tuesday-1503487/