
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.

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