Knocking on the door

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The bitcoin is knocking on the doors of the 200-period moving average, this will represent a hard barrier for the price.

The 200-period moving average is consistent with a low value zone, which can create quite a possible bull-trap area.

For now, the price has not been able to exceed the moving average, the price range when approaching this moving average is quite low, which gives us to understand that there is indecision in the market.

Knocking on the door | Ecency