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RE: Bitcoin Price can not Break up 100-Day Moving Average Again

in Project HOPE16 hours ago

Your analysis highlights key technical concerns: Bitcoin’s struggle below the 100-day MA, bearish MACD, and declining Fisher Indicator suggest further correction may be likely. The 200-day MA remains critical support. With altcoins near lows, another Bitcoin drop could trigger severe altcoin weakness. Caution is wise—patience and close monitoring of indicators are essential before expecting a reversal.