Bitcoin's Move Below 20-Day Moving Average Signals Sign of Weakness

Apr 20, 2023

Bitcoin closed below the 20-day moving average (DMA) on Wednesday, according to data from TradingView, signaling a sign of weakness. The last time the cryptocurrency traded below the 20-DMA was in mid-March. “All About Bitcoin” host George Kaloudis presents “The Chart of the Day.”

Up Next

01:28

Do Kwon Reportedly Faces Montenegro Indictment; Tesla's Bitcoin Holdings Update

Apr 20, 2023

04:49

Bitcoin Inches Toward $29K Amid Sell-Off Pressures

Apr 19, 2023

12:51

How Gridless Uses Bitcoin Mining to Power Rural Africa

Apr 19, 2023

00:49

Bitcoin Miners' Balance Slides

Apr 19, 2023

06:43

Machankura Lets Africans Use Bitcoin With Basic Mobile Phones

Apr 18, 2023

View all

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to coindesk.consensus.com to register and buy your pass now.