As of today, Bitcoin's 4-year moving average, which has been ever-increasing since Bitcoin's creation, has reached 20K, which was the previous TOP in 2017. Historically, the price has only very rarely EVER touched its 4-year moving average, and only for mere hours or days. Even during the huge COVID-19 black swan event, Bitcoin's price dipped just slightly below its 4-year moving average for only 4 days, from March 12 – 16, which was the chance of a lifetime to buy low. Now with the 4-year moving average at 20k, we can be (relatively) assured that the 2017 top is now the absolute bottom!
submitted by /u/NotActuallySadHulk
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Author: Reddit.com
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