Benjamin Cowen
If BTC follows prior midterm years, it goes straight to the 200W SMA. If BTC follows 2019, it bo...
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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Bitcoin (BTC) is projected to reach its 200-week Simple Moving Average (SMA) this year, potentially either directly or after a bounce, similar to 2019. The chart shows BTC currently at $74,518.42, with the 200W SMA appearing to be around the $58,000-$60,000 range, suggesting a potential downside target. Investors should monitor this key technical level for future price action.

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About Benjamin Cowen
Benjamin Cowen

Benjamin Cowen

By intocryptoverse

CEO/Founder @ITC_Crypto @ITC_Stocks @ITC_Macro PhD Engineering https://t.co/VwxEaJxIl8