Bitcoin (BTC) faced selling pressure at the Feb. 21 Wall Street open as United States' stock markets opened down.
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to daily lows of $24,324 on Bitstamp.
Bearish signals were already in for the pair after it saw swift rejection during its latest attempt to flip $25,000 to support.
Amid suspicions over whale movements on exchanges, monitoring resource Material Indicators concluded that the 200-week moving average (MA) at $25,100 needed to become support for Bitcoin to change its long-term trend.
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