Timofey YakovlevDec 28, 2021 · 3 years ago6 answers Is the bitcoin 50 day moving average a reliable indicator for predicting future price movements?
Can the 50 day moving average of bitcoin be trusted as a reliable tool for forecasting its future price movements? How accurate is this indicator and what factors should be considered when using it? Are there any limitations or drawbacks to relying solely on the 50 day moving average for predicting bitcoin's price? Is it recommended to use other indicators or strategies in conjunction with the 50 day moving average?