Analyst: This price range could be Bitcoin’s ‘new home’ for the next few weeks

However, at the time of writing, the largest crypto’s price had just entered the green zone and was trading in the $39k range.

Amongst the ocean of metrics available, the 21 Week Exponential Moving Average serves as a vital reference point for Bitcoin.

However, Bitcoin has been losing its support and that is the main reason why Bitcoin needs to re-claim the same, for its price to climb up.

Disclaimer: AMBCrypto’s content is meant to be informational in nature and should not be interpreted as investment advice.

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