Can The 600-Day MA Support Line Push Bitcoin Again? – ChinaPulse.com – China News, Data, Media Intelligence and Insights


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Charts show the Bitcoin 600-day moving average (MA) has once again met with the BTC price curve, will the line act as support for the crypto once again? Bitcoin Price Curve Is Once Again Touching The 600-Day MA As pointed out by an analyst in a CryptoQuant post , the BTC price has once more dropped down to the 600-day MA support line. A “ moving average ” (or MA in short) is an analytical tool that averages a given quantity over a specific period of time, and constantly updates itself as time passes and the value of said quantity...