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The 21 week moving average is a widely used technical indicator in Bitcoin trading. It helps investors identify long-term trends by smoothing out price fluctuations over a 21-week period. This tool is essential for making informed decisions in the volatile cryptocurrency market.
Many traders rely on the 21 week moving average to determine support and resistance levels for Bitcoin. When the price crosses above this average, it often signals a bullish trend, while a drop below may indicate a bearish phase. By incorporating this indicator, investors can better time their entries and exits.
Overall, the 21 week moving average provides a simple yet effective way to analyze Bitcoin\“s performance. It reduces noise from short-term volatility, allowing for clearer insights into market direction. As a result, it has become a staple in many trading strategies. |
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发表于 2025-11-2 06:40:18