Bitcoin Price Analysis: Will the 50-Day Moving Average Hold as Key Support Level?
The crypto market sentiment index fell to 53 by Sunday morning, a six-week low, but recovered to 64 on Monday, reflecting a resurgence of bullish sentiment.Mixed Weekly Performance in Crypto Despite Market RecoveryThe crypto market rolled back at the end of last week following a reduction in risk appetite in the financial markets. However, on Sunday, sentiment changed with the return of active buyers near the total capitalisation of $3.60 trillion. At the time of writing, the market is at $3.73