Bitcoin’s 200-Day Average Is Approaching a Record High; Here’s Why It Matters

Now, the average, a crucial barometer of long-term trends, is also rising fast in a sign of strong bullish momentum and appears set to surpass its previous peak of $49,452 in February 2022. At press time, bitcoin traded at $66,200, with the 200-day average at $47,909.

Source

Comments (No)

Leave a Reply

Cryptocurrencies: 17,050
Markets: 1,227
Marketcap: $ 3.37 T
24h Vol: $ 193.71 B
BTC Dominance: 58.00%