Advertisement
AD
  • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3010 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php). 
    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('
                    Contents
                    <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h20">An important milestone&nbsp;</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h31">A strong year for Bitcoin</a></li></ul>
    Advertisement
    
        
    
    
        
                
            

if (document.documentElement.clientWidth &gt; 767) {
if (!window.AdButler){(function(){var s = document.createElement("script"); s.async = true; s.type = "text/javascript";s.src = 'https://servedbyadbutler.com/app.js';var n = document.getElementsByTagName("script")[0]; n.parentNode.insertBefore(s, n);}());}
}



if (document.documentElement.clientWidth &gt; 767) {
var AdButler = AdButler || {}; AdButler.ads = AdButler.ads || [];
var abkw = window.abkw || '';
var plc666695 = window.plc666695 || 0;
(function(){
var divs = document.querySelectorAll(".plc666695:not([id])");
var div = divs[divs.length-1];
div.id = "placement_666695_"+plc666695;
AdButler.ads.push({handler: function(opt){ AdButler.register(183269, 666695, [728,200], 'placement_666695_'+opt.place, opt); }, opt: { place: plc666695++, keywords: abkw, domain: 'servedbyadbutler.com', click:'CLICK_MACRO_PLACEHOLDER' }});
})();
}

                                            

        
        
                
            

if (document.documentElement.clientWidth &lt; 767) {
if (!window.AdButler){(function(){var s = document.createElement("script"); s.async = true; s.type = "text/javascript";s.src = 'https://servedbyadbutler.com/app.js';var n = document.getElementsByTagName("script")[0]; n.parentNode.insertBefore(s, n);}());}
}



if (document.documentElement.clientWidth &lt; 767) {
var AdButler = AdButler || {}; AdButler.ads = AdButler.ads || [];
var abkw = window.abkw || '';
var plc666696 = window.plc666696 || 0;
(function(){
var divs = document.querySelectorAll(".plc666696:not([id])");
var div = divs[divs.length-1];
div.id = "placement_666696_"+plc666696;
AdButler.ads.push({handler: function(opt){ AdButler.register(183269, 666696, [336,280], 'placement_666696_'+opt.place, opt); }, opt: { place: plc666696++, keywords: abkw, domain: 'servedbyadbutler.com', click:'CLICK_MACRO_PLACEHOLDER' }});
})();
}

                                            

        
    
Fundstrat co-founder Tom Lee has called his followers' attention to the fact that Bitcoin has broken above the 200-day moving average (DMA), meaning that the top cryptocurrency is <a rel="nofollow" target="_blank" href="#">officially in a bull trend</a> once again.&nbsp;
<em>image by <a rel="nofollow" target="_blank" href="https://twitter.com/fundstrat/status/1222566246455160832/photo/1">@fundstrat</a></em>
<a rel="nofollow" target="_blank" href="#">card</a>

An important milestone&nbsp;

200 DMA is a widely tracked moving average that gives investors a much-appreciated clue about the dominant long-term trend of a certain asset. Given that this indicator is used by a plethora of traders, it essentially becomes a self-fulfilling prophecy.&nbsp;&nbsp;

It generally considered that the asset remains in a bearish trend as long as it stays below <a rel="nofollow" target="_blank" href="#">the 200 DMA line</a>. As soon as its price closes above this line, it's time for the bulls to take back control over the market.&nbsp;

Lee points to the fact that Bitcoin's win-rate tends to jump to 80 percent above when it is trading above its 200 DMA.&nbsp;&nbsp;

<a rel="nofollow" target="_blank" href="#">card</a>

A strong year for Bitcoin

Bitcoin has already gained <a rel="nofollow" target="_blank" href="#">26.5 percent this year</a>, which is its strongest January since 2012. It has so far trumped gold, the S&amp;P 500, and other traditional assets.&nbsp;&nbsp;&nbsp;&nbsp;

However, the top cryptocurrency is not going to stop there. As U.Today reported, <a href="https://u.today/bitcoin-btc-could-gain-even-more-this-year-than-in-2019-says-fundstrats-tom-lee">Fundstrat predicted</a> that BTC could gain more than 100 percent this year on the halvening narrative and global uncertainty.&nbsp;
') (Line: 1037)
Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
__TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array) (Line: 474)
Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 874)
__TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 52)
__TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
  • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3013 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php). 
    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('
                    Contents
                    <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h20">An important milestone&nbsp;</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h31">A strong year for Bitcoin</a></li></ul>
    Advertisement
    
        
    
    
        
                
            

if (document.documentElement.clientWidth &gt; 767) {
if (!window.AdButler){(function(){var s = document.createElement("script"); s.async = true; s.type = "text/javascript";s.src = 'https://servedbyadbutler.com/app.js';var n = document.getElementsByTagName("script")[0]; n.parentNode.insertBefore(s, n);}());}
}



if (document.documentElement.clientWidth &gt; 767) {
var AdButler = AdButler || {}; AdButler.ads = AdButler.ads || [];
var abkw = window.abkw || '';
var plc666695 = window.plc666695 || 0;
(function(){
var divs = document.querySelectorAll(".plc666695:not([id])");
var div = divs[divs.length-1];
div.id = "placement_666695_"+plc666695;
AdButler.ads.push({handler: function(opt){ AdButler.register(183269, 666695, [728,200], 'placement_666695_'+opt.place, opt); }, opt: { place: plc666695++, keywords: abkw, domain: 'servedbyadbutler.com', click:'CLICK_MACRO_PLACEHOLDER' }});
})();
}

                                            

        
        
                
            

if (document.documentElement.clientWidth &lt; 767) {
if (!window.AdButler){(function(){var s = document.createElement("script"); s.async = true; s.type = "text/javascript";s.src = 'https://servedbyadbutler.com/app.js';var n = document.getElementsByTagName("script")[0]; n.parentNode.insertBefore(s, n);}());}
}



if (document.documentElement.clientWidth &lt; 767) {
var AdButler = AdButler || {}; AdButler.ads = AdButler.ads || [];
var abkw = window.abkw || '';
var plc666696 = window.plc666696 || 0;
(function(){
var divs = document.querySelectorAll(".plc666696:not([id])");
var div = divs[divs.length-1];
div.id = "placement_666696_"+plc666696;
AdButler.ads.push({handler: function(opt){ AdButler.register(183269, 666696, [336,280], 'placement_666696_'+opt.place, opt); }, opt: { place: plc666696++, keywords: abkw, domain: 'servedbyadbutler.com', click:'CLICK_MACRO_PLACEHOLDER' }});
})();
}

                                            

        
    
Fundstrat co-founder Tom Lee has called his followers' attention to the fact that Bitcoin has broken above the 200-day moving average (DMA), meaning that the top cryptocurrency is <a rel="nofollow" target="_blank" href="#">officially in a bull trend</a> once again.&nbsp;
<em>image by <a rel="nofollow" target="_blank" href="https://twitter.com/fundstrat/status/1222566246455160832/photo/1">@fundstrat</a></em>
<a rel="nofollow" target="_blank" href="#">card</a>

An important milestone&nbsp;

200 DMA is a widely tracked moving average that gives investors a much-appreciated clue about the dominant long-term trend of a certain asset. Given that this indicator is used by a plethora of traders, it essentially becomes a self-fulfilling prophecy.&nbsp;&nbsp;

It generally considered that the asset remains in a bearish trend as long as it stays below <a rel="nofollow" target="_blank" href="#">the 200 DMA line</a>. As soon as its price closes above this line, it's time for the bulls to take back control over the market.&nbsp;

Lee points to the fact that Bitcoin's win-rate tends to jump to 80 percent above when it is trading above its 200 DMA.&nbsp;&nbsp;

<a rel="nofollow" target="_blank" href="#">card</a>

A strong year for Bitcoin

Bitcoin has already gained <a rel="nofollow" target="_blank" href="#">26.5 percent this year</a>, which is its strongest January since 2012. It has so far trumped gold, the S&amp;P 500, and other traditional assets.&nbsp;&nbsp;&nbsp;&nbsp;

However, the top cryptocurrency is not going to stop there. As U.Today reported, <a href="https://u.today/bitcoin-btc-could-gain-even-more-this-year-than-in-2019-says-fundstrats-tom-lee">Fundstrat predicted</a> that BTC could gain more than 100 percent this year on the halvening narrative and global uncertainty.&nbsp;
') (Line: 1037)
Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
__TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array) (Line: 474)
Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 874)
__TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 52)
__TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
  • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3010 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php). 
    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('
                    Contents
                    <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h20">An important milestone&nbsp;</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h31">A strong year for Bitcoin</a></li></ul>
    Advertisement
    
        
    
    
        
                
            

if (document.documentElement.clientWidth &gt; 767) {
if (!window.AdButler){(function(){var s = document.createElement("script"); s.async = true; s.type = "text/javascript";s.src = 'https://servedbyadbutler.com/app.js';var n = document.getElementsByTagName("script")[0]; n.parentNode.insertBefore(s, n);}());}
}



if (document.documentElement.clientWidth &gt; 767) {
var AdButler = AdButler || {}; AdButler.ads = AdButler.ads || [];
var abkw = window.abkw || '';
var plc666695 = window.plc666695 || 0;
(function(){
var divs = document.querySelectorAll(".plc666695:not([id])");
var div = divs[divs.length-1];
div.id = "placement_666695_"+plc666695;
AdButler.ads.push({handler: function(opt){ AdButler.register(183269, 666695, [728,200], 'placement_666695_'+opt.place, opt); }, opt: { place: plc666695++, keywords: abkw, domain: 'servedbyadbutler.com', click:'CLICK_MACRO_PLACEHOLDER' }});
})();
}

                                            

        
        
                
            

if (document.documentElement.clientWidth &lt; 767) {
if (!window.AdButler){(function(){var s = document.createElement("script"); s.async = true; s.type = "text/javascript";s.src = 'https://servedbyadbutler.com/app.js';var n = document.getElementsByTagName("script")[0]; n.parentNode.insertBefore(s, n);}());}
}



if (document.documentElement.clientWidth &lt; 767) {
var AdButler = AdButler || {}; AdButler.ads = AdButler.ads || [];
var abkw = window.abkw || '';
var plc666696 = window.plc666696 || 0;
(function(){
var divs = document.querySelectorAll(".plc666696:not([id])");
var div = divs[divs.length-1];
div.id = "placement_666696_"+plc666696;
AdButler.ads.push({handler: function(opt){ AdButler.register(183269, 666696, [336,280], 'placement_666696_'+opt.place, opt); }, opt: { place: plc666696++, keywords: abkw, domain: 'servedbyadbutler.com', click:'CLICK_MACRO_PLACEHOLDER' }});
})();
}

                                            

        
    
Fundstrat co-founder Tom Lee has called his followers' attention to the fact that Bitcoin has broken above the 200-day moving average (DMA), meaning that the top cryptocurrency is <a rel="nofollow" target="_blank" href="#">officially in a bull trend</a> once again.&nbsp;
<em>image by <a rel="nofollow" target="_blank" href="https://twitter.com/fundstrat/status/1222566246455160832/photo/1">@fundstrat</a></em>
<a rel="nofollow" target="_blank" href="#">card</a>

An important milestone&nbsp;

200 DMA is a widely tracked moving average that gives investors a much-appreciated clue about the dominant long-term trend of a certain asset. Given that this indicator is used by a plethora of traders, it essentially becomes a self-fulfilling prophecy.&nbsp;&nbsp;

It generally considered that the asset remains in a bearish trend as long as it stays below <a rel="nofollow" target="_blank" href="#">the 200 DMA line</a>. As soon as its price closes above this line, it's time for the bulls to take back control over the market.&nbsp;

Lee points to the fact that Bitcoin's win-rate tends to jump to 80 percent above when it is trading above its 200 DMA.&nbsp;&nbsp;

<a rel="nofollow" target="_blank" href="#">card</a>

A strong year for Bitcoin

Bitcoin has already gained <a rel="nofollow" target="_blank" href="#">26.5 percent this year</a>, which is its strongest January since 2012. It has so far trumped gold, the S&amp;P 500, and other traditional assets.&nbsp;&nbsp;&nbsp;&nbsp;

However, the top cryptocurrency is not going to stop there. As U.Today reported, <a href="https://u.today/bitcoin-btc-could-gain-even-more-this-year-than-in-2019-says-fundstrats-tom-lee">Fundstrat predicted</a> that BTC could gain more than 100 percent this year on the halvening narrative and global uncertainty.&nbsp;
') (Line: 1037)
Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
__TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array) (Line: 474)
Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 874)
__TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 52)
__TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
  • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3013 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php). 
    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('
                    Contents
                    <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h20">An important milestone&nbsp;</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h31">A strong year for Bitcoin</a></li></ul>
    Advertisement
    
        
    
    
        
                
            

if (document.documentElement.clientWidth &gt; 767) {
if (!window.AdButler){(function(){var s = document.createElement("script"); s.async = true; s.type = "text/javascript";s.src = 'https://servedbyadbutler.com/app.js';var n = document.getElementsByTagName("script")[0]; n.parentNode.insertBefore(s, n);}());}
}



if (document.documentElement.clientWidth &gt; 767) {
var AdButler = AdButler || {}; AdButler.ads = AdButler.ads || [];
var abkw = window.abkw || '';
var plc666695 = window.plc666695 || 0;
(function(){
var divs = document.querySelectorAll(".plc666695:not([id])");
var div = divs[divs.length-1];
div.id = "placement_666695_"+plc666695;
AdButler.ads.push({handler: function(opt){ AdButler.register(183269, 666695, [728,200], 'placement_666695_'+opt.place, opt); }, opt: { place: plc666695++, keywords: abkw, domain: 'servedbyadbutler.com', click:'CLICK_MACRO_PLACEHOLDER' }});
})();
}

                                            

        
        
                
            

if (document.documentElement.clientWidth &lt; 767) {
if (!window.AdButler){(function(){var s = document.createElement("script"); s.async = true; s.type = "text/javascript";s.src = 'https://servedbyadbutler.com/app.js';var n = document.getElementsByTagName("script")[0]; n.parentNode.insertBefore(s, n);}());}
}



if (document.documentElement.clientWidth &lt; 767) {
var AdButler = AdButler || {}; AdButler.ads = AdButler.ads || [];
var abkw = window.abkw || '';
var plc666696 = window.plc666696 || 0;
(function(){
var divs = document.querySelectorAll(".plc666696:not([id])");
var div = divs[divs.length-1];
div.id = "placement_666696_"+plc666696;
AdButler.ads.push({handler: function(opt){ AdButler.register(183269, 666696, [336,280], 'placement_666696_'+opt.place, opt); }, opt: { place: plc666696++, keywords: abkw, domain: 'servedbyadbutler.com', click:'CLICK_MACRO_PLACEHOLDER' }});
})();
}

                                            

        
    
Fundstrat co-founder Tom Lee has called his followers' attention to the fact that Bitcoin has broken above the 200-day moving average (DMA), meaning that the top cryptocurrency is <a rel="nofollow" target="_blank" href="#">officially in a bull trend</a> once again.&nbsp;
<em>image by <a rel="nofollow" target="_blank" href="https://twitter.com/fundstrat/status/1222566246455160832/photo/1">@fundstrat</a></em>
<a rel="nofollow" target="_blank" href="#">card</a>

An important milestone&nbsp;

200 DMA is a widely tracked moving average that gives investors a much-appreciated clue about the dominant long-term trend of a certain asset. Given that this indicator is used by a plethora of traders, it essentially becomes a self-fulfilling prophecy.&nbsp;&nbsp;

It generally considered that the asset remains in a bearish trend as long as it stays below <a rel="nofollow" target="_blank" href="#">the 200 DMA line</a>. As soon as its price closes above this line, it's time for the bulls to take back control over the market.&nbsp;

Lee points to the fact that Bitcoin's win-rate tends to jump to 80 percent above when it is trading above its 200 DMA.&nbsp;&nbsp;

<a rel="nofollow" target="_blank" href="#">card</a>

A strong year for Bitcoin

Bitcoin has already gained <a rel="nofollow" target="_blank" href="#">26.5 percent this year</a>, which is its strongest January since 2012. It has so far trumped gold, the S&amp;P 500, and other traditional assets.&nbsp;&nbsp;&nbsp;&nbsp;

However, the top cryptocurrency is not going to stop there. As U.Today reported, <a href="https://u.today/bitcoin-btc-could-gain-even-more-this-year-than-in-2019-says-fundstrats-tom-lee">Fundstrat predicted</a> that BTC could gain more than 100 percent this year on the halvening narrative and global uncertainty.&nbsp;
') (Line: 1037)
Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
__TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array) (Line: 474)
Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 874)
__TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 52)
__TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
Drupal\Core\DrupalKernel->handle(Object) (Line: 18)

Bitcoin (BTC) Is Back in Bull Trend After Achieving Major Milestone: Fundstrat's Tom Lee

Advertisement
article image
Alex Dovbnya
Bitcoin (BTC) started 2020 with a bang and entered a bullish trend, according to Fundstrat's Tom Lee
Wed, 01/29/2020 - 20:35
Bitcoin (BTC) Is Back in Bull Trend After Achieving Major Milestone: Fundstrat's Tom Lee
Cover image via u.today
Read U.TODAY on
Google News
Contents
Advertisement

Fundstrat co-founder Tom Lee has called his followers' attention to the fact that Bitcoin has broken above the 200-day moving average (DMA), meaning that the top cryptocurrency is officially in a bull trend once again. 

Tom Lee
image by @fundstrat

card

An important milestone 

200 DMA is a widely tracked moving average that gives investors a much-appreciated clue about the dominant long-term trend of a certain asset. Given that this indicator is used by a plethora of traders, it essentially becomes a self-fulfilling prophecy.  

It generally considered that the asset remains in a bearish trend as long as it stays below the 200 DMA line. As soon as its price closes above this line, it's time for the bulls to take back control over the market. 

Lee points to the fact that Bitcoin's win-rate tends to jump to 80 percent above when it is trading above its 200 DMA.  

card

A strong year for Bitcoin

Bitcoin has already gained 26.5 percent this year, which is its strongest January since 2012. It has so far trumped gold, the S&P 500, and other traditional assets.    

However, the top cryptocurrency is not going to stop there. As U.Today reported, Fundstrat predicted that BTC could gain more than 100 percent this year on the halvening narrative and global uncertainty. 

#Bitcoin Price Prediction #Tom Lee
About the author
article image
Alex Dovbnya

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.

related image Terra Classic (LUNC) Surges: Flash in Pan or Start of Steady Climb?
2023/11/29 01:26
Terra Classic (LUNC) Surges: Flash in Pan or Start of Steady Climb?
Arman ShirinyanArman Shirinyan
related image Bitcoin (BTC) Price Reclaims $38,000 as SEC Delays Spot ETF Decision
2023/11/29 01:26
Bitcoin (BTC) Price Reclaims $38,000 as SEC Delays Spot ETF Decision
Alex DovbnyaAlex Dovbnya
related image Bitcoin (BTC) Price Analysis for November 28
2023/11/29 01:26
Bitcoin (BTC) Price Analysis for November 28
Denys SerhiichukDenys Serhiichuk
Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Popular

Terra Classic (LUNC) Surges: Flash in Pan or Start of Steady Climb?
Terra Classic (LUNC) Surges: Flash in Pan or Start of Steady Climb?
Bitcoin (BTC) Price Reclaims $38,000 as SEC Delays Spot ETF Decision
Bitcoin (BTC) Price Reclaims $38,000 as SEC Delays Spot ETF Decision
Bitcoin (BTC) Price Analysis for November 28
Bitcoin (BTC) Price Analysis for November 28
SOL, SHIB, XLM, and Other Tokens Now Supported by This AI-Driven Wallet
SOL, SHIB, XLM, and Other Tokens Now Supported by This AI-Driven Wallet
Binance's New CEO Meets Khabib and Ronaldo, Major XRP Dev Hints at Mastercard Integration in Wallet Upgrade, This December Might Be Bullish for BTC: Crypto News Digest by U.Today
Binance's New CEO Meets Khabib and Ronaldo, Major XRP Dev Hints at Mastercard Integration in Wallet Upgrade, This December Might Be Bullish for BTC: Crypto News Digest by U.Today
Shibarium Faces Moment of Truth in This Key Metric
Shibarium Faces Moment of Truth in This Key Metric
Bitcoin (BTC) Price Set to Hit $40K After Dip, Wolfe Research Says
Bitcoin (BTC) Price Set to Hit $40K After Dip, Wolfe Research Says
Bitcoiner Michael Saylor Sparks Heated Discussion with 'Anti-Bear' BTC Tweet
Bitcoiner Michael Saylor Sparks Heated Discussion with 'Anti-Bear' BTC Tweet
Dogecoin (DOGE) Hits Five Million Wallet Mark in Remarkable Feat
Dogecoin (DOGE) Hits Five Million Wallet Mark in Remarkable Feat
Solana Dog Coin Bonk (BONK) Jumps 12% on Major Exchange Listing
Solana Dog Coin Bonk (BONK) Jumps 12% on Major Exchange Listing
Show all
Advertisement
Advertisement
AD