Are BTC and ETH Near Breakdown or Rebound? Bitcoin Tests 50W SMA as Ethereum Eyes Upside
NeutralCryptocurrency
Bitcoin is currently testing its 50-week simple moving average around $102,000, a critical level that has historically supported market cycles. As it trades near $101,500, down about 2.4% in the last day, analysts are watching closely to see if it will rebound or break down further. This situation is significant as it could influence market trends for both Bitcoin and Ethereum, impacting investors and traders alike.
— via World Pulse Now AI Editorial System
