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Home » Typography Elements » Bitcoin Tumbles 525 in Last 24 Hours Breaks Below 200Day Moving Average
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Bitcoin Tumbles 525 in Last 24 Hours Breaks Below 200Day Moving Average

By adminJul. 14, 2024No Comments1 Min Read
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Bitcoin Tumbles 525 in Last 24 Hours Breaks Below 200Day Moving Average
Bitcoin Tumbles 525 in Last 24 Hours Breaks Below 200Day Moving Average
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Compared to the news in the past 24 hours, Bitcoin has dropped by 5.25%. It closed at 57050 USDT at 8 o’clock this morning, breaking through the 200-day moving average and reaching the lowest closing price since the end of February. The 200-day moving average is commonly used to assess bullish or bearish momentum.

According to data from Coinglass, there have been liquidations of 480 million USD on the entire network in the past 24 hours, with long positions being liquidated for 417 million USD.

[Image]

Tags:
– 200-day moving average
– Bitcoin

Source link:
https://www.coinglass.com/zh/LiquidationData?_360safeparam=4565843

Note: The views expressed in all BitPush articles are solely those of the author and do not constitute investment advice.

Original article link:
https://www.bitpush.news/articles/6917137

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