BTC Closing Under 20-Week EMA & SMA

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Another bad sign for the BTC market. We'll see what happens at close today, but this level is especially close to the SMA (150) on the daily chart .

When I see trends being broken on the longer timeframe, that is further cause for concern.

We'll see what happens in the next few hours.


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