The April resurgence in bitcoin ticked off another milestone on Tuesday, when the digital currency closed above its 200-day moving average for the first time...
The early-April resurgence in bitcoin ticked off another milestone on Tuesday when the digital currency closed above its 200-day moving average for the first time in more than a year.
If this chart plays out, 2019 could go along way to repairing the damage done last year. It comes from Fundstrat Global Advisors, which calculated average returns of bitcoin over a six-month period when the cryptocurrency trades above or below the closely observed technical indicator.
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