Bitcoin’s Next Stop: $75,500? Analyst Reveals Historical ‘Magnet’ Level

Bitcoin’s Next Stop: $75,500? Analyst Reveals Historical ‘Magnet’ Level

An analyst has pointed out how the 50-week moving average (MA) of Bitcoin has historically acted as a sort of magnet for the asset’s price. 50-Week MA Is Currently Situated At $75,500 For Bitcoin In a new post on X, analyst Ali Martinez has discussed about the 50-week MA of Bitcoin. An “MA” is a technical analysis indicator that calculates the average value of any asset’s price over a given period of time and as its name suggests, moves in time, updating its value according to the changes in the price itself. Related Reading: Solana (SOL) Crashes 15% After Massive....


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