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TechFlow news, October 17: Glassnode posted that Bitcoin is currently trading between key support levels, with the price below the 200-day moving average ($107,400) but slightly above the 365-day moving average ($99,900). Analysts noted that holding above the 365-day MA is crucial for stabilizing the market trend, and a breakdown could trigger a deeper correction.
Glassnode stated that Bitcoin is currently trading between key support levels, with its price below the 200-day moving average (USD 107,400) but slightly above the 365-day moving average (USD 99,900). Analysts noted that holding above the 365-day MA is crucial for stabilizing the market trend, and a breakdown could trigger a deeper correction.
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