Bitcoin Trades Near Key Price Safety Net That Strategy Already Breached

The safety net is the 100-week average, which has stalled the downtrend. What to know : Bitcoin trades near a critical 100-week simple moving average, a key support level for bulls. Strategy shares have already fallen below this average, signaling potential bearish trends for bitcoin. Bulls must defend this support to prevent further declines similar to Strategy's recent losses.(Coindesk)