CoinVoice has learned that crypto analyst Ai (@alicharts) posted on the X platform that the 10-week and 50-week moving averages of Bitcoin have crossed. Historical experience shows that this phenomenon is followed by significant pullbacks, including: a 67% decline in September 2014, a 54% decline in June 2018, a 53% decline in March 2020, and a 64% decline in January 2022. If history repeats itself, similar 50%–60% pullbacks could bring Bitcoin's price down to between $38,000 and $50,000.
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CoinVoice has learned that crypto analyst Ai (@alicharts) posted on the X platform that the 10-week and 50-week moving averages of Bitcoin have crossed. Historical experience shows that this phenomenon is followed by significant pullbacks, including: a 67% decline in September 2014, a 54% decline in June 2018, a 53% decline in March 2020, and a 64% decline in January 2022. If history repeats itself, similar 50%–60% pullbacks could bring Bitcoin's price down to between $38,000 and $50,000.