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

by dailynewsupdate.net
barsharaju@gmail.com
Bitcoin’s 200-Day Average Is Approaching a Record High; Here’s Why It Matters
0 1 min 7 mths


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.



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