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Bitcoin falls through key average as traditional markets hit record highs

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Bitcoin Falls Through Key Average as Traditional Markets Hit Record Highs 
CONTRIBUTOR
Sebastian Sinclair  CoinDesk
PUBLISHED
NOV 15, 2019 4:40PM EST
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[img=300x0]https://www.nasdaq.com/sites/acquia.prod/files/styles/710x400/public/shutterstock_391056130-860x430.jpg?itok=iMVxp_IZ[/img]
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  • Strong performances in traditional assets and a lack of new reasons to buy crypto is suppressing BTC’s price.
  • A loss of the 50-day moving average exposes the $8,000 price level.
  • The daily RSI shows that momentum slowing, which could hint at greater selling pressure in the short term
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