Bitcoin Price Slides Amid Crypto Market Correction: Golden Cross in Question
Bitcoin is experiencing a price retreat, sliding to $93K as the broader crypto market undergoes a correction following last week's price spike, according to reports. The recent downturn places the golden cross technical indicator in a precarious position, with Bitcoin's price falling below the EMA50 mark. The development suggests a potential shift in market sentiment as traders assess the sustainability of previous gains.
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