DeFi Intel

Bitcoin holds $62,300 support as BTC attempts short-term recovery

Key takeaways Bitcoin trades near $63,567 on Friday after rebounding from support around $62,300. BTC remains below its 50-day, 100-day and 200-day EMAs, preserving the broader bearish bias. The RSI at 46 and a negative MACD signal weak momentum despite the recent stabilization. Bitcoin (BTC) shows signs of stabilization on Friday after recovering from a…

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