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RE: A look at moving averages

in #bitcoin6 years ago

I'm glad to see a broader perspective on the situation. Lots of people are just freaking out about how far BTC has fallen without actually realizing that today's price is really average. Hopefully crypto prices stabilize soon as the technology becomes better established.

For reference, the price is currently 4x what it was just two years ago. Aside from last year's spike, a long-term analysis actually shows a fairly fast upward trend.