Bitcoin is showing unprecedented strength with a record high 200-day moving average.

Bitcoin information today...
Bitcoin is showing unprecedented strength with a record high 200-day moving average.
This indicator, currently at $50,178, shows Bitcoin's long-term bullish outlook.
Anthony Pompliano has emphasized that Bitcoin is "stronger than ever".
The 200-day moving average is an important indicator for predicting Bitcoin's long-term price trend, and a break above $50,000 indicates a positive outlook.
For spot Bitcoin, the price broke above the 200-week moving average in October and has since been above this level.
The 200-week moving average, a long-term trend indicator, is just over $34,000, facilitating a more optimistic annual outlook.
Grayscale's Bitcoin spot exchange-traded fund (ETF) recorded its first inflows on May 3, showing continued momentum.
This interest continues to grow, with the fund also announcing inflows on April 6.
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