During the week of March 16-23, the BTC price bounced and recouped some of the losses from the previous week. While at one point it reached a high of $6,900, the price decreased afterward and closed near $5,800.
Bitcoin (BTC) Price Highlights
The Bitcoin price has reached a weekly close above its 200-week moving average (MA).
It may be following an ascending support line.
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This article is intended as news or presented for informational purposes only. The topic of the article and information provided could potentially impact the value of a digital asset or cryptocurrency but is never intended to do so. Likewise, the content of the article and information provided within is not intended to, and does not, present sufficient information for the purposes of making a financial decision or investment. This article is explicitly not intended to be financial advice, is not financial advice, and should not be construed as financial advice. The content and information provided in this article were not prepared by a certified financial professional. All readers should always conduct their own due diligence with a certified financial professional before making any investment decisions.
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