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Bitcoin's 200-day moving average at all-time high...long-term bullish

Bitcoin's (BTC) 200-day moving average is at an all-time high of $51,178. This is a key technical indicator for predicting long-term Bitcoin price trends, suggesting a bullish long-term outlook, according to blockchain news outlet Cointelegraph. The indicator peaked on April 6, according to BuyBitcoinWorldwide. This comes as bitcoin is recovering from a price drop following its April 20 halving.

Speaking on CNBC's Squawk Box, bitcoin investor Anthony Pompliano said of the 200-day moving average breaking above $50,000 for the first time ever, “Bitcoin continues to trend upward in the long term despite the daily price volatility.”

Furthermore, according to analyst Willy Woo, the 200-week moving average, a much longer-term trend indicator, is currently at an all-time high of just over $34,000, which means that the annual trend outlook is much more optimistic.

PlanB "BTC to hit $500,000 this halving...$500,000 possible in next halving"

"Bitcoin is likely to rise to $500,000 in the upcoming 2024-2028 halving cycle, and bitcoin could rise to $5 million in the next halving cycle, 2028-2032," Dutch analyst PlanB, who invented the Stock-to-Flow (S2F) model, a bitcoin price prediction model, told X, according to YT. "The

blockchain crypto cryptocurrency btc bitcoin new wallet hit lowest (Spoted Crypto)

Bitcoin new wallets at lowest since 2018

After reaching an all-time high six months ago, the number of Bitcoin 7-day moving average new addresses has fallen to its lowest level since 2018, The Block reported. Six months ago, the figure was 625,000, while last week it was 275,000. Other figures such as miner revenue, transaction

blockchain crypto cryptocurency binance new listing coin down 18% (Spoted Crypto)

80% of coins listed on Binance are down in the last 6 months...average return -18

“Those who bought coins listed on Binance, the world's largest cryptocurrency exchange, in the past six months have lost around 18%,” CryptoGlobe reported, citing crypto analyst Flow, which found that “80% of listed tokens have lost value since listing. “Only five tokens have risen, MEME, ORDI, JUP, JTO,

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