Bitcoin price just tagged 200-week trend line that defined 2022 bear market

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Bitcoin price just tagged 200-week trend line that defined 2022 bear market

Bitcoin price just tagged 200-week trend line that defined 2022 bear market

Bitcoin brought back the trend line that functioned as resistance in the 2022 bear market, with BTC price RSI approaching its lowest in six years.

Bitcoin (BTC) has tagged a key bear-market trend line with its drop to four-month lows, with a “decent chance” of a rebound next.

Key points:

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