According to it, in 80% of all situations when Bitcoin was above the 200-day M.A., it has delivered high returns of approximately 193%. On the contrary, when BTC was below the same technical feature, its ROI was substantially less – around 10% gains.
Interesting article about the price of bitcoin and where it might be going from here. I've heard a lot of predictions over the years about where bitcoin was going, pretty much none have been right, lol. I am pleased by the recent moves in bitcoin though and I'm starting to buy again. 10,000 will be the trigger for me, almost there.....
Read the full story here.....
https://cryptopotato.com/bitcoin-price-could-reach-27000-in-180-days-according-to-tom-lee/