$BTC has closed above its 50-week moving average for 7 straight weeks 📈

Traders watch the 50-week MA as a long-term trend line. Holding above it for this long shows the higher-timeframe trend is holding up.
Remember: one indicator is never a guarantee. Combine it with volume and your own risk plan.

Do you use moving averages? Which one? 👇

#BitcoinClosesAbove50WeekMAFor7thStraightWeek #BTC #Bitcoin #BinanceSquare