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Bitcoin Breaks Down - Are The Bears In Control Of The Stock Market Too?

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Last week, the stock market fell a bit more, as the correction, which has been going on since it’s October peak, continued. The S&P 500 is now below it’s 20-day and 50-day moving averages.

Bitcoin, of course, has been in collapse, as it has been falling more than the overall market, as it always does when the stock market has a dip, correction, or even bear market.

Bitcoin is now firmly below its 200-day moving average.

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