Historically, every BTC correction has hit or has gotten close to the 200-Day Moving Average and bounced off that. This correction just hit it and is currently bouncing off.
In fact, Bitcoin has not been below the 200-Day Moving Average since October 2015 when it surpassed it. So this has been an almost 2.5 year trend.
The correction is over.
In fact, Bitcoin has not been below the 200-Day Moving Average since October 2015 when it surpassed it. So this has been an almost 2.5 year trend.
The correction is over.
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