Bitcoin Faces a Year-End Technical Test After its December Swoon_老虎社区_美港股上老虎

Bitcoin Faces a Year-End Technical Test After its December Swoon

Bloomberg2021-12-30

The token is now jabbing at its 55-week moving averageIt’s tended to bounce off that level over the past 24 monthsBitcoin is continuing its December retreat and testing a key technical level that over...

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ivy888
·2021-12-30
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The technical study suggests a decisive break below the average would put a slide to $40,000 in play.</p><p><img src=\"https://static.tigerbbs.com/35d0c553354a0796aa013f3c9227c783\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"/></p><p>Bitcoin is an emblem of volatility and a major question heading into 2022 is whether all those gyrations to come will eventually leave it lower rather than higher as the tide of pandemic-era stimulus recedes.</p><p>Crypto’s proponents remain undeterred, pointing to trends such as increased interest in the sector from a clutch of financial institutions.</p><p>This year “has seen crypto and blockchain mass adoption increase significantly with a large influx of institutional investments that has renewed confidence in this sector,” Walid Koudmani, an analyst at XTB Market, wrote in an email.</p><p>That “could ultimately lead to significant price gains and increased volatility as retail investors attempt to catch up,” he said.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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