Watch out in the coming week—if the price drops below 5,500, the bear market may persist, with final support expected around 5,000, near the weekly 200-day moving average.
This would represent a 20% decline from the peak or all-time high (ATH).
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.