On the first day of the week, Bitcoin (BTC) lost over 3% of its value, dropping below the weekly trading range of $29,500 to $32,000. This break indicates the end of a three-week long-range play, with BTC’s downward movement stopping at around $29,140, where the 50-day Simple Moving Average (SMA) is located.The post Analysts Warn of Potential Downside appeared first on COINTURK NEWS.