Opinion: Bitcoin is at a key support level, falling below the 365-day moving average or triggering a deep correction
2025-10-17 09:37:38
Glassnode said that Bitcoin is currently between key support levels, with prices below the 200-day moving average ($107,400) but slightly above the 365-day moving average ($99,900). Analysts pointed out that holding the 365-day moving average is essential to stabilize the market trend, and a fall below it could trigger a deeper correction.
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