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Bitcoin Breaks 200-Week Moving Average for First Time Since 2022 as Jobs Report Reprices Fed Cuts

By thedefiant.io · · 1 min read
Bitcoin Breaks 200-Week Moving Average for First Time Since 2022 as Jobs Report Reprices Fed Cuts

Bitcoin fell below its 200-week moving average dropping below $61,000 for the first time since the 2022 bear market, triggered by a blowout May payrolls report that repriced Fed rate-cut expectations and exposed a $1.2 billion options wall

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