https://ift.tt/3FHUmKY Indicator Points to Bitcoin Price Bounce

Technical Indicator Points to Bitcoin Price Bounce

https://ift.tt/3Fv9ivP


A lesser-tracked technical analysis indicator is signaling good times ahead for bitcoin. The cryptocurrency’s 10-week simple moving average (SMA) is about to dip below the 50-week SMA, confirming a so-called bearish crossover. Historically, the negative signal has proven to be a contrary indicator, marking interim price bottoms and the end of bear markets, as feature […]

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