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Bitcoin Magazine

Bitcoin Below the 50-Week Average: Why History Is Still Bullish

By Bitcoin Magazine

Bitcoin dropped below the 50-week moving average, but the only two similar cases, 2012 and 2020, never made a new cycle low. #Bitcoin #BTC #BitcoinMagazine #Crypto #BitcoinPrice #CryptoNews #BitcoinAnalysis #Shorts #Crypto #Cryptocurrency #BitcoinNews #Blockchain #SoundMoney #Satoshi #HODL #BitcoinCommunity…

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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Blockchain

A shared digital ledger in which records are grouped into blocks and linked so that past entries are very hard to change.

It underpins cryptocurrencies and is tested for payments, supply tracking and record keeping.

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