Crypto Liquidations Reach $1.15B as BTC Takes a Beating
Bitcoin ended last week at approximately $74,968, falling slightly below its fifty-week average of around $75,488. The crypto had moved back above this technical indicator on Sept. 20 and maintained that position for seven consecutive weeks before the latest setback. The average represents Bitcoin’s average closing prices over the previous 50 weeks. Although it cannot predict future price movements, analysts use it to evaluate whether a market recovery is strong enough to overcome earlier losses. Three important indicators are now shaping the market outlook: the 50-week average at around $75,500, the average purchase price among recent investors at approximately $75,691,…





