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Questions tagged [200-day simple moving average]

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SkylitEnchantment SkylitEnchantment Fri Oct 04 2024 | 7 answers 1520

What is bitcoin's 200-day simple moving average?

Could you please explain what the 200-day simple moving average (SMA) of Bitcoin is? As a financial metric, I'm curious about how it's calculated and what significance it holds for traders and investors in the cryptocurrency market. Does it provide any insights into Bitcoin's long-term trend or momentum? And how is it typically used in making buy and sell decisions?

What is bitcoin's 200-day simple moving average?

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