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Bitcoin price faces 200-week trendline as US dollar hits 6-month high
Bitcoin hugged a key long-term trendline on Sept. 7 as U.S. dollar strength hit its highest in six months. chart Bitcoin vs. 200-week moving average forms “million dollar question” Data from Cointelegraph Markets Pro and TradingView showed BTC price moves focusing on the area around $25,700. Conditions were less volatile than the day prior, which saw a trip to $26,000 and local lows under $25,400 within a single hourly candle. Bitcoin market participants remained cautious overall, with predictions of fresh downside to come becoming more and more commonplace. tweet “$BTC - unless we reclaim may low I still ... (full story)