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Bitcoin may need to plunge 15% or more to mark bottom, according to this long-time indicator

CoinDesk· James Van Straten· Jun 23, 2026 · 1:08 PM
Bitcoin may need to plunge 15% or more to mark bottom, according to this long-time indicator

With bitcoin testing its 200 week moving average, on-chain data suggests the $50,000 to $54,000 range could become the next key battleground.

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