7 May 2025
9

Bitcoin, the leading digital asset, has hit a roadblock. Trading at $81,958 as of March 31, 2025, Bitcoin recently got rejected off its 200-day moving average (MA), a key technical level that many traders watch closely. This rejection comes after what looked like a promising rally above the 200-day MA, sparking debates about whether this is just a temporary dip or a sign of deeper the question on everyone’s mind is: Is it time to panic as Bitcoin, crypto, and stocks continue their downtrend?

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