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Bitcoin Drops Below $64,000 as Analysts Eye $60,000 Support Level

Bitcoin Drops Below $64,000 as Analysts Eye $60,000 Support Level

4-Year Moving Average as Floor

Adam Livingston highlights that Bitcoin is trading just 22.75% above its 4-year moving average of $60,000, a deviation that historically occurred on only 18.5% of valid trading days. In his analysis, buying BTC at that percentile relative to the 4-year MA turned a $10,000 lump sum into roughly $56,600 over a given window, compared with $40,200 from a daily dollar-cost-averaging strategy over the same period. Livingston views the $60,000 level as a historically strong support zone dating back to February of this year.

Translation: "

4-річне ковзне середнє як дно

Адам Лівінгстон зазначає, що біткоїн торгується лише на 22,75% вище свого