Bitcoin Trades Above 200-Week MA That Historically Delivered 113% Returns
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Bitcoin broke below the 200-week MA twice in two weeks before recovering above it each time.
Kraken economist says buyers at 200-week MA historically see 113% one year median returns.
Van de Poppe targets $74,000 and $79,000 if Bitcoin holds current levels in the next 48 hours.
Bitcoin is trading at $64,300 at press time, above its 200-week simple moving average of $62,358. The token has dipped briefly below that level twice in the past two weeks before recovering above it by the end o
Kraken economist says buyers at 200-week MA historically see 113% one year median returns.
Van de Poppe targets $74,000 and $79,000 if Bitcoin holds current levels in the next 48 hours.
Bitcoin is trading at $64,300 at press time, above its 200-week simple moving average of $62,358. The token has dipped briefly below that level twice in the past two weeks before recovering above it by the end o
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