Bitcoin price risks $74K drop as 50-week EMA faces test

Bitcoin price extended its pullback toward $77,000 as rising oil prices, stubborn US inflation and higher Treasury yields reduced demand for risk assets. Technical charts now place BTC near a major weekly support level, while short-term momentum remains bearish.

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Source: Crypto news

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Category Cryptocurrency

Source Crypto news

Published 3 weeks ago

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News ID #16,285

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