![200 day moving average for bitcoin](https://thumbor.forbes.com/thumbor/fit-in/1200x0/filters:format(jpg)/https://specials-images.forbesimg.com/imageserve/610ff5397f04dae56ff7c325/0x0.jpg)
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Lastly, bitcoin's weekly chart is line represents a bullish shift.
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Lastly, bitcoin's weekly chart is line represents a bullish shift.
Terms and conditions. Smoothing out volatile price movements helps traders identify longer-term trends and get a quick overview of the markets, separating the signal from the noise. Bearish crossover A bearish crossover is when a short-term Moving Average crosses below a longer-term Moving Average, confirming a downward trend.