Bitcoin touched the 200 Day Moving Average

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
This is the first time it's reached the 200 DMA since March 25, 2017 where it dipped to $895. Before that, it went below the 200 DMA on 8/2/2015 to $470.

This is the real test in terms of chart plays. Could bounce here or we could be entering a bear market.
Hi, your graph shows 200 DMA = 8900, however in another analysis it is stated that it is much lower at 7700
please check it and confirm if you are correct.

+6 Reply
WOLFGEIST bitcoingambler
@bitcoingambler, My chart is based on BitStamp trading prices, yours is on Bittrex. It's never going to be exact, the important point is that it continues to hold in that general area.
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