Is Bitcoin (BTC) Heading the Right Direction Friday?

Is Bitcoin (BTC) Heading the Right Direction Friday?

Bitcoin receives a strong long-term technical score of 67 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, BTC holds a superior long-term technical analysis score than 67% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their …