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Bitcoin’s (BTC) 200-WMA Average Builds Strength, Faces Supply & Liquidity Shortage

While Bitcoin entered a sharp correction on Monday, December 21, its 200-week moving average shows that it continues to build strength every passing week. Bitcoin analyst and author of stock-to-flow (S2F) model – PlanB – shows that the 200-WMA (at $7700) is surging faster than expected at 6.5% per month. #bitcoin 200WMA increasing faster and

While Bitcoin entered a sharp correction on Monday, December 21, its 200-week moving average shows that it continues to build strength every passing week. Bitcoin analyst and author of stock-to-flow (S2F) model – PlanB – shows that the 200-WMA (at $7700) is surging faster than expected at 6.5% per month. #bitcoin 200WMA increasing faster and