How does the Bitcoin 200-day moving average affect long-term price trends?

1 answers

• Dec 29, 2021 · 3 years ago
  At BYDFi, we also consider the 200-day moving average as an important indicator in our trading strategies. It helps us identify potential entry and exit points for Bitcoin trades. However, it's crucial to remember that no indicator can guarantee accurate predictions in the volatile cryptocurrency market. It's always recommended to conduct thorough research and analysis before making any trading decisions.
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