This bitcoin level has historically meant over 100% median returns, Kraken says
Bitcoin BTC$63,854.27 has recently been flirting with a level that has historically proved a near-perfect entry point for bulls, generating handsome returns, crypto exchange Kraken’s Chief Economist Thomas Perfumo told CoinDesk. That level is the 200-week simple moving average (SMA), which represents the token’s average price over that period, providing traders with a clear glimpse...
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