Bitcoin Closes Below 200Week Moving Average for First Time Since 2022: What Next?

thecryptobasic2026-06-30 12:50:17

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Bitcoin Closes Below 200Week Moving Average for First Time Since 2022: What Next?

Bitcoin has closed a candle below its 200-week moving average (200WMA) for the first time since June 2022, and this could determine its next course of action. The latest weekly close came in at $59,486, which sat below the 200WMA at $62,443.

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