Bitcoin’s 200-week moving average breaks above $30,000 in market milestone

exchange68September 12, 2024

0 0 2 minutes read

Quick Take Bitcoin’s short-term price action is currently navigating through an intriguing phase. For the first time, Bitcoin’s 200-week moving average (WMA) has surged above $30,000, indicating a significant shift in the baseline momentum of Bitcoin’s classic four-year cycle. This 200 WMA has historically been a consistent support system, barring a few instances, such as […]

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