A naukri.com initiative
Cryptoslate
1w
169
Image Credit: Cryptoslate
Bitcoin’s 200-day moving average breaks $50,000 for the first time
- Bitcoin's 200-day moving average (DMA) has exceeded $50,000 for the first time.
- This milestone is significant as the 200DMA is a key indicator for bull and bear market cycles.
- Previous cycles have shown that holding above the 200DMA is a bullish signal.
- Bitcoin's ability to maintain prices above $50,443 could reinforce the uptrend.
Read Full Article
10 Likes
For uninterrupted reading, download the app