According to The Wall Street Journal, Fairlead Strategies founder and managing partner Katie Stockton stated in a report on Monday that Bitcoin has fallen below the 200-day moving average at $109,800.The 200-day moving average is one of the most widely watched indicators defining the long-term trend and also serves as support for Bitcoin. This may signal that the cryptocurrency will further decline, with the next target potentially at $94,200.[BlockBeats]
According to The Wall Street Journal, Fairlead Strategies founder and managing partner Katie Stockton stated in a report on Monday that Bitcoin has fallen below the 200-day moving average at $109,800.The 200-day moving average is one of the most widely watched indicators defining the long-term trend and also serves as support for Bitcoin. This may signal that the cryptocurrency will further decline, with the next target potentially at $94,200.[BlockBeats]
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