What is the current 200 day moving average for Bitcoin?

3 answers

• Dec 28, 2021 · 3 years ago
  The current 200 day moving average for Bitcoin is a widely used indicator to gauge the long-term trend of Bitcoin's price. It is calculated by taking the average closing price of Bitcoin over the past 200 days. This moving average helps smooth out short-term price fluctuations and provides a clearer picture of the overall trend. As of today, the 200 day moving average for Bitcoin is $X,XXX.
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• Dec 28, 2021 · 3 years ago
  Hey there! So, the 200 day moving average for Bitcoin is a pretty cool tool to analyze the long-term trend of Bitcoin's price. It's calculated by adding up the closing prices of Bitcoin for the past 200 days and then dividing it by 200. This helps to smooth out any daily price fluctuations and gives you a better idea of where Bitcoin is heading in the long run. As of now, the 200 day moving average for Bitcoin is around $X,XXX.
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• Dec 28, 2021 · 3 years ago
  According to BYDFi, the current 200 day moving average for Bitcoin is an important indicator for traders and investors. It helps to identify the overall trend of Bitcoin's price over a longer period of time. The 200 day moving average is currently at $X,XXX, indicating a positive trend for Bitcoin. However, it's important to note that past performance is not indicative of future results, and it's always recommended to do your own research before making any investment decisions.
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