Bitcoin Drops Below 200-Day Average, Brings Bull Market Trendline Into Focus
Markets that consistently trade below the 200-day SMA are said to be in a downtrend.
![Bitcoin Drops Below 200-Day Average, Brings Bull Market Trendline Into Focus](https://www.coindesk.com/resizer/B5rofmMVRfuXRQw-oj9NBlkNFBA=/800x600/cloudfront-us-east-1.images.arcpublishing.com/coindesk/6LTBD5CYE5EKNDYFSYD5RJGIQM.png?#)
Markets that consistently trade below the 200-day SMA are said to be in a downtrend.
What's Your Reaction?
![like](https://todaypic.com/assets/img/reactions/like.png)
![dislike](https://todaypic.com/assets/img/reactions/dislike.png)
![love](https://todaypic.com/assets/img/reactions/love.png)
![funny](https://todaypic.com/assets/img/reactions/funny.png)
![angry](https://todaypic.com/assets/img/reactions/angry.png)
![sad](https://todaypic.com/assets/img/reactions/sad.png)
![wow](https://todaypic.com/assets/img/reactions/wow.png)