According to analyst @ali_charts, if Bitcoin falls below the 50-week moving average of the bull-bear dividing line, it means that the bear market has come. This law is verified by the movements of 2011, 2014, 2018 and 2020.
If the previous trend is replicated, Bitcoin will face a 60% decline, which means that it will bottom near the 40,000 dollar.
Opinion: If Bitcoin falls below the 50-week moving average of the bull-bear dividing line, it may face a 60% decline
2025-11-07 10:51:34
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