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I saw the latest BTC news, the price is currently at $77,320. What’s interesting is that the 50-day SMA is moving downward quite strongly. I think this could be an important resistance level if the price tests it again.
What looks better is that the RSI is still touching the 50 level, which is a fairly important midpoint. This often indicates that the market still has buying momentum remaining. The recent BTC news seems to show some positive signals. We’ll need to keep an eye on whether it can break through or not.