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BTC price battles 200-week moving average after $930M Tesla Bitcoin sale

2022.07.21 16:02

BTC price battles 200-week moving average after $930M Tesla Bitcoin sale
BTC price battles 200-week moving average after $930M Tesla Bitcoin sale

Bitcoin (BTC) staged its first test of critical support on July 21 as news that Tesla (NASDAQ:TSLA) had liquidated most of its Bitcoin holdings subsided.

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD focusing on the $22,800 zone after dropping from multi-week highs of $24,280 on Bitstamp.

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