Bitget App

Trade smarter

Homepage Sign up

Ali: Bitcoin is once again testing the 200-day SMA, a critical level for confirming the bull run

Ali: Bitcoin is once again testing the 200-day SMA, a critical level for confirming the bull run

Bitget2024/09/20 02:55

By: Ali

#Bitcoin is once again testing the 200-day SMA, a critical level for confirming the bull run.

Historically, failures to reclaim this support, as seen in 2020, 2018, and 2014, led to significant corrections. Watch closely—rejection here could signal trouble for $BTC!

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

You may also like

If the Federal Reserve starts cutting interest rates, which will outperform: bitcoin, gold, or U.S. stocks?

Bitpush•2025/09/15 18:53

Behind the Rise of Prediction Markets: As the Meme Craze Fades, Attention Seeks New Betting Tables

Bitpush•2025/09/15 18:52

BTC Weekly Watch: The Rebound "Feast" May Be Coming to an End...

Bitpush•2025/09/15 18:51

Tether launches compliant stablecoin USAT, officially challenging Circle's dominance with USDC

Bitpush•2025/09/15 18:49

Trending news

If the Federal Reserve starts cutting interest rates, which will outperform: bitcoin, gold, or U.S. stocks?

Behind the Rise of Prediction Markets: As the Meme Craze Fades, Attention Seeks New Betting Tables

Crypto prices

Bitget lists PI – Buy or sell PI quickly on Bitget!

Become a trader now?A welcome pack worth 6200 USDT for new users!

Trade smarter