Bitcoin closes above 50-week moving average for first time in 10+ months
Bitcoin closed the week at $81,159 on Coinbase on Sunday, above its 50-week moving average of $78,788, for the first time in more than 10 months, according to TradingView News.
Bitcoin has finished above its 50-week moving average for the first time in more than 10 months, a move that some analysts said may point to the end of Bitcoin’s bear market. The cryptocurrency ended the week at $81,159 on Coinbase on Sunday, above its 50-week moving average of $78,788, according to TradingView.