Daily Archives: February 7, 2023

LOTM: Bitcoin is running into resistance as has Grayscale Bitcoin Trust

On the popular 4 hour chart pattern for Bitcoin, Bitcoin (BTC) has dropped below its 50-unit moving average. Grayscale Bitcoin Trust (GBTC) has also fallen below its daily 50-day moving average as well. This suggests a intermediate-term (one to three … Continue reading

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