Bitcoin's power is at an all-time high, with the 200-day MA outperforming

2024-05-07 05:30:41

Bitcoin’s 200-day MA has hit an all-time high, indicating a positive long-term outlook. ANOTHER LONG-TERM TREND INDICATOR, THE 200-WEEK MA, ALSO HIT NEW ALL-TIME HIGHS. Despite daily price fluctuations, Bitcoin’s long-term trend is still rising. Analyst Willy Woo’s price model shows a more optimistic outlook for the yearly trend

BTC2.58%

WOO2.87%

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