Opinion: Bitcoin Falls Below 200-Day Moving Average, Could Drop to $94,200
2025-11-04 02:01:00
According to the Wall Street Journal, Katie Stockton, founder and managing partner of Fairlead Strategies, said in a report on Monday that Bitcoin has fallen below the 200-day moving average, which is one of the most widely watched indicators of long-term trends and serves as a support level for Bitcoin. This could signal further declines for the cryptocurrency, with the next target at $94,200.
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