Bitcoin (BTC) Price Tests Critical Support—Can Bulls Prevent a Breakdown Toward $50,000?

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Bitcoin (BTC) price is trading near $63,000 after suffering a sharp correction from its recent highs around $82,000. The decline has pushed the crypto back to one of its most important long-term support levels—the 200-week moving average (200WMA). Historically, this level has acted as a major floor during bear markets and macro corrections. However, the …