Technical Indicator Shows Bitcoin (BTC) is Ready for a Meteoric Comeback, But When?
Bitcoin has firmly planted itself within the upper-$3,000 region over the past several weeks and has continued struggling to break above the low-$4,000 region. Because BTC has failed to garner any significant buying pressure over the past several weeks, some analysts believe that a drop back to its 2018 lows of $3,200 is inevitable.
Despite this, one technical indicator that is based on Bitcoin’s geometric and arithmetic mean dynamics signals that the cryptocurrency may already be through
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