This week’s negative sentiment continues to dominate cryptocurrency trading as we head into the weekend. Bitcoin is currently trading below the 100-day Simple Moving Average (SMA), a technical indicator followed by a lot of traders. A couple of days will be needed to reaffirm the break, but the short-term momentum is definitely negative. Given the recent price action, $7,200 is the next major support level, followed by $7,000.
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The bearish mood also permeates most altcoin markets. IOTA (MIOTA) and Binance Coin (BNB) are two of the major digital assets finding bids in early Friday trading although only the latte...
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