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Paul L.

Bitcoin Drops Below 730-Day SMA at $81,250, Signals Possible Extended Correction

Bitcoin fell below the 730-day simple moving average at approximately $81,250 on November 22, according to cryptocurrency analyst Ali Martinez. This technical threshold has historically preceded extended downward or sideways price action in previous market cycles. The asset was trading around $84,239 at press time, down over 11% for the week.