Key Indicator Suggests Bitcoin Price Could Enter Renewed Bullish Phase as Analyst Eyes $120,000 Mark
full version at cryptoglobe
The price of the flagship cryptocurrency Bitcoin surpassed its 200-day simple moving average (SMA) in October and entered bullish territory, before making a new all-time high above $73,500 last month. The 200-day SMA serves as a key indicator of long-term trends, and its current rapid rise signifies strong bullish momentum. Notably, the indicator is on […]
