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Bitcoin Dips Below 50-Day Average Amid Five-Week Slump

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Bitcoin is trading at $75,774.10 as of 10:20 UTC on November 8, 2026, marking a 3.15% weekly decline. The price is now 7.33% below its 50-day moving average of $81,765.43 but remains 3.55% above the 200-day average of $73,175.84. This positions Bitcoin in a neutral zone, neither in a clear uptrend…

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