Here in my analysis i have used a 48 simple moving average to show the price support of btcusd and surprisingly it had been a never broken support for bitcoin since 2011.
chart time frame: 1 month
technical indicator: 48 SMA
Logic behind using 48 SMA: As we all know bit coin halving cycle is a 4 cycle. so i wondered finding 4 year average price of bitcoin and...
