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Glassnode

Chart description

This chart illustrates real-time price (grey), 50-day moving average (red), and 200-day moving average (black). When the red line falls below the black line, market sentiment has turned bearish. This often presents a good opportunity to sell and/or hedge current positions.

Likewise, when the red line overtakes the black line to the upside, this is a positive signal that market sentiment has turned bullish.

Metrics details