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One of the simplest technical indicators are moving averages, which is an intuitive way of tracking price trends. If it fits into your portfolio, and you believe in it as an asset, Bitcoin can indeed be a good investment in Cryptocurrency forecasts. A break of the inside bar high can lead to a test of 50K and possibly higher. This year there is even more uncertainty among crypto investors as last year was tough, marked by the collapse of the market, loss of funds and investor interest and reorganization of many projects.
