/USD plunged to a low of $27,169.57 to start the weekend, a day after trading at a high of $28,291.60.
Saturday’s drop in price resulted in bitcoin falling to its lowest point in roughly three and a half weeks.Looking at the chart, this latest downturn has pushed the 10-day moving average closer to a cross with its 25-day counterpart. In addition to this, the relative strength index is now tracking at 41.73, which is marginally higher than its long-term floor at 41.00.
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