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Bitcoin supports the 50-day moving average, but a failure below the current level could bring bitcoin to $44,000
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According to this theory, the December low marks the end of the previous 4-year cycle, which spent 52 weeks in decline and 153 in advance. This period covers 205 weeks, which is only 3 weeks less than 4 years. With a high degree of probability, the BTC rate on December 10, 2018 is the absolute bottom of the last 4-year cycle
