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But we saved everything 🙂.
Bitcoin now trading above three key averages, James Van Straten notes
James Van Straten highlights that in 2022, there was not a single day when Bitcoin traded above its 128-day moving average, the True Market Mean, or the Short-Term Holder Cost Basis.
He notes that Bitcoin is currently trading above all three indicators.
Earlier this year, James Van Straten observed Bitcoin rising above $80,000, noting that negative news had already been priced in by the market. He also reported that the largest public company holding Bitcoin planned to sell a portion to test the market as Bitcoin advanced. The latest trading activity follows these earlier developments.
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