Bitcoin (BTC) Approaching ‘Peak Opportunity’ Zone, According to Top Crypto Trader
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Bitcoin is approaching a price zone that could offer a highly favorable risk-reward ratio for long-term BTC investors. Bitcoin continues to trade below the 200-week moving average (MA), an indicator that has previously marked the bottom for the leading digital asset. Bitcoin currently remains in a strong downtrend, but it will eventually reach a conclusion, which would open the door for a new bull cycle. At time of writing, Bitcoin is trading for $19,199 - a price area that offers maximum rewards for long term investors. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is an investment advisor. Opinions are not investment advice; investors should do their due diligence before making any high-risk investments Source