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The Bitcoin 20-week moving average (MA) is a crucial technical analysis tool used by investors to gauge long-term price trends. By calculating the average closing price over the past 20 weeks, this indicator smooths out short-term volatility and helps identify the overall market direction.
Many traders rely on the 20-week MA to make informed decisions about buying or selling Bitcoin. When the price is above the MA, it often signals a bullish trend, while a drop below may indicate a bearish phase. This product is essential for those looking to optimize their investment strategies in the volatile cryptocurrency market. |
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