Bitcoin’s 200-Week Moving Average Hits $50K—Bullish Signal for Long-Term Dominance
Bitcoin just flashed its most reliable buy signal—again. The 200-week moving average, a key metric for institutional investors, has officially breached $50,000. This isn't just technical analysis porn; it's the market screaming 'HODL' in your ear.
Why this matters more than your trader's gut feeling
When Bitcoin's 200-week MA climbs, smart money starts circling. The last three times this happened? Let's just say Lamborghini dealerships got very busy. Retail FOMO hasn't even kicked in yet—Wall Street's algo-traders are already recalculating their quarterly projections.
The cynical take? Traditional finance will now spend $10 million on research to 'discover' what crypto degenerates tweeted for free in 2018. But make no mistake—when this indicator rises, bears tend to disappear faster than a Sam Bankman-Fried courtroom sketch.