Crucial Indicator Shows Bitcoin Price 250% Higher in 2020

Bitcoin could establish a new all-time high above the $20,000 level in 2020 as it hits crossroads with a bias-defining indicator.
The benchmark cryptocurrency’s latest move uphill prompted it to retest its 20-weekly moving average on Wednesday. The technical indicator is conclusively accurate when it comes to defining bitcoin’s long-term trends. When the cryptocurrency breaks above the MA, it tends to stage parabolic bull runs, as shown in the chart below.
Bitcoin rebounds after test