(Photo by Chesnot) Getty Images Bitcoin BTC /US Dollar FX Spot Rate (BTC=) began this week below its 200-week simple moving average at 22,693.30, which I consider its “reversion to the mean.” It set i...
Tag: Refinitiv XENITH Bitcoin
Buy Bitcoin On Weakness To Its ‘Reversion To The Mean’
(Photo by Chesnot) Getty Images Bitcoin BTC U.S. Dollar FX Spot Rate traded as low as 22,580.41 on Monday, June 13. This is below this week’s pivot at 24,128. Today’s open was a price gap below its se...
Weakness In Bitcoin Holds Its Annual Value Level. Here’s How To Trade It Now.
(Photo by Chesnot) Getty Images Bitcoin (BTC) set its all-time intraday high of 68,999.99 on November 10, 2021. This day was a key reversal day as its close that day at 64,268.40 was below the low of ...