moving average

Following bitcoin’s rise from $38,500 to $42,200 in the past three days, bullish signals for BTC have emerged, favoring a continued price rally toward the widely tracked 200-day simple moving average (SMA). “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Apr 21, 2022

New TradingView data reveals bitcoin crossed its 50-day moving average earlier this week at the $42,500 price level and has stayed above it since. Continuation of this price movement would imply strength and set bitcoin for a move toward $49,000 as it sees institutional demand.

Feb 10, 2022

Bitcoin dipped briefly below $40,000 Monday for the first time since September. Daily charts show a death cross, a bearish indicator that appears when the 50-day moving average (MA) dips below the 200-day MA. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Jan 10, 2022