Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Bitcoin's 4-Year Moving Average Has Exceeded the Previous All-Time High!!
by
BenjaminGlover
on 21/03/2022, 11:48:22 UTC
⭐ Merited by DeathAngel (1)
As of today, Bitcoin's four-year moving average, which has been steadily climbing since the cryptocurrency's inception, has surpassed the previous 2017 high of $20,000. Historically, the price has never hit its four-year moving average, and then only for a few hours or days. Even during the massive COVID-19 black swan event, Bitcoin's price fell just marginally below its four-year moving average for only four days between March 12 and 16, providing a once-in-a-lifetime opportunity to purchase low. Now that the four-year moving average has reached 20,000, we may be (relatively) certain that the 2017 peak is the ultimate bottom!