![btc-price-risks-deeper-slide-below-50-day-average-analysts](https://cryptotoptrends.com/wp-content/uploads/2023/07/btc-price-risks-deeper-slide-below-50-day-average-analysts-678x381.png)
Unlike stock markets, cryptocurrencies trade 24/7, which means there is no daily close price as such. Chart analysts, however, consider the last traded price at 23:59 UTC as the daily close to confirm the reliability of technical breakouts/breakdowns.
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