Bitcoin Just Broke Below Its 2-Year Moving Average: Level That Has Marked Every Major Cycle Bottom
The 2-year moving average sits at $86,000. At the time of writing Bitcoin is trading at $70,000. Every previous breach of this indicator over thirteen years preceded a significant recovery, though the timeline and magnitude varied considerably each time
BTC
Disclaimer: This content is provided via CryptoPanic and third-party sources. Tothemoon does not create, verify, or endorse this content and makes no guarantees as to its accuracy. The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. It is provided for informational purposes only and is not investment advice.
