COINDESK: BITCOIN, ETHEREUM, CRYPTO NEWS AND PRICE DATA·CRYPTO·
Buying bitcoin below its 200-week average has historically delivered over 100% in median returns, Kraken says
As reported by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin briefly slipped below its 200-week moving average twice in the past two weeks, a rare event that Kraken says has historically marked strong entry points for buyers.
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Bitcoin recently fell below its 200-week moving average twice in two weeks. This rare occurrence has historically signaled strong buying opportunities, according to Kraken. Past data suggests that purchasing Bitcoin at these levels has consistently yielded over 100% in median…
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