The “fast-moving retail crowd” is one of the reasons Bitcoin is ending the year lower than it started, according to Bitwise CIO Matt Hougan. Bitcoin may post steady returns over the next ten years, but exceptionally large year-on-year gains are unlikely, according to Bitwise chief investment officer Matt Hougan. “I think we’re in a 10-year…
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The long-term Bitcoin trend indicators, the 200-day and 200-week moving average, are at the highest-ever levels with Anthony Pompliano saying BTC is “as strong as ever.” Bitcoin’s 200-day moving average is at an all-time high of $50,178, a key technical indicator for predicting long-term Bitcoin price trends suggesting a bullish long-term outlook. The indicator hit…
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