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Bitcoin is at the pivotal 50-day SMA support, and a drop below this level could result in accelerated selling of BTC and altcoins.
parofix.com Follow us for the latest Altcoin news, join us.
![](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-07/b6aaf979-b03a-49cf-b731-a5a91040aa66.jpg)
Bitcoin is at the pivotal 50-day SMA support, and a drop below this level could result in accelerated selling of BTC and altcoins.
parofix.com Follow us for the latest Altcoin news, join us.