Bitcoin takes a tumble in the last few minutes of trading

Looking at the hourly chart, the fall has taken the price down to test the 200 hour moving average at $28,256 (green line in the chart above). The current price trades at $28,290 as buyers try to stall the fall nearly moving average level. The 100 hour moving average is down at $27,835.

Just a day ago, the price moved above the 100 hour moving average
Moving average

A moving average is a statistical tool that is used to smooth out short-term fluctuations in data and reveal longer-term trends. It is calculated by taking the average of a certain number of data points over a specific period of time, and then plotting that average as a line on a chart. The most common types of moving averages are simple moving averages (SMA) and exponential moving averages (EMA).In financial markets, moving averages are often used to analyze stock prices, exchange rates, and ot

A moving average is a statistical tool that is used to smooth out short-term fluctuations in data and reveal longer-term trends. It is calculated by taking the average of a certain number of data points over a specific period of time, and then plotting that average as a line on a chart. The most common types of moving averages are simple moving averages (SMA) and exponential moving averages (EMA).In financial markets, moving averages are often used to analyze stock prices, exchange rates, and ot
Read this Term. In trading today, the price moved above the 200 hour moving average on his way to the spike high at $30,022. The last 4 or 5 hours has seen all the gains in trading today erased and then some.