I’m no technical analyst, but Bitcoin has been bouncing off the 600 day SMA all year.
I have been using the same Bitcoin chart for the last 15 months, on it I have coded in the 10, 50, 100, 200, 300, 400, 500, 600, 700, 800, 900, and 1000 day Simple Moving Averages (SMAs); calculated by adding recent price and then dividing by time periods. I also added the Bull Market…
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