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[$BTC](/trade/BTC_USDT?contentId=913499) Volume Analysis (SMA, 9-day period)
Recent data suggests a 4.96% downward movement over the past 9 days, followed by a projected 3.64% upward trend in the next 30 days [#bullish](/en/square/hashtag/bullish)
Examining the 200EMA on daily charts provides insight into the exponentially weighted moving average spanning the previous 200 periods. This methodology places greater emphasis on recent price fluctuations compared to a simple moving average, which assigns equal weight to all data points.
Given these indicators, we anticipate a potentially bullish (Long) market outlook over an extended timeframe. However, it's crucial to conduct your own research and analysis before making any trading decisions.
Unleash your trading potential from any location!
[#Anfelia_InvestmenTV](/en/square/hashtag/Anfelia_InvestmenTV) [#Gate](/en/square/hashtag/Gate) [#Gateblockchainweek](/en/square/hashtag/Gateblockchainweek)
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