Summary
Bitcoin’s average price is rising quickly, indicating strong bullish momentum and potentially surpassing previous highs. Currently trading at $66,200 with a 200-day average of $47,909.
Key Points
1. Bitcoin’s average price is rising quickly, indicating strong bullish momentum in the market.
2. The average price of bitcoin is approaching its previous peak of $49,452 in February 2022.
3. Currently, bitcoin is trading at $66,200, with the 200-day average at $47,909.