(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: Reversion
Bitcoin likely set up for ‘mean reversion’ soon, hints Lead Insights Analyst
With the ongoing market volatility, lead insights analyst Will Clemente has noted that Bitcoin will likely reverse further in the coming weeks despite making attempts to stabilise above $20,000. Throu...
Bitcoin holders shouldn’t fear the fall below $20k as mean reversion…
With the recent performance of Bitcoin [BTC], it seems that the king coin does not have much to give to the advancements that are expected in the crypto space and Web3. However, it does hold the title...
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...
Constellation Brands Is Declining Towards Its ‘Reversion To The Mean’
(Photo by Richard Levine) Corbis via Getty Images Constellation Brands (STZ) set its 52-week high of $258.00 on January 6 on a positive reaction to its latest earnings report. After the high was set t...
Bitcoin Targets $40K? Why Crypto Could See General Price Reversion
Bitcoin finally sees some relief after a start of 2022 with relentless selling pressure. The first crypto by market cap trades at $36,815 with a 9.6% profit in 24 hours. BTC trends to the downside in ...