Bitcoin has reached one of its most closely watched long term technical levels, with its 200 week moving average sitting around $68,000.
Strive CEO Matt Cole sees this as a major opportunity, describing the level as a historic buying zone.
The 200 week moving average has historically acted as an important support area during several major Bitcoin bear markets.
With BTC now testing this level, attention is shifting to whether buyers will step in and defend it.
For long term Bitcoin investors, this is a level worth watching very closely.
Strive CEO Matt Cole sees this as a major opportunity, describing the level as a historic buying zone.
The 200 week moving average has historically acted as an important support area during several major Bitcoin bear markets.
With BTC now testing this level, attention is shifting to whether buyers will step in and defend it.
For long term Bitcoin investors, this is a level worth watching very closely.
