BTC Analysis for Spot Traders and Long-Term Holders
When analyzing the previous price cycles of Bitcoin (BTC), a recurring pattern associated with the 200 Week Moving Average (200W SMA / EMA)
(200 Week Moving Average – an indicator that measures long-term trends) emerges,
and it is one of the most important indicators of the Long-Term Trend in the cryptocurrency market.
During the last three Market Cycles, Bitcoin typically needed about 992 days to retest the 200W SMA/EMA after the last interaction with this level. This behavior was not random; it clearly repeated across more than one cycle.
Currently, Bitcoin records 959 days since the last test of the 200W Moving Average,
placing the price within the same Time Range that historically the currency has returned to this pivotal level.
Of course, this is not a Direct Signal for buying or selling, but it places the market in a High Attention Zone,
especially since the 200W SMA/EMA has always represented a Strong Support Level in multiple phases of the price cycle.
The coming period may witness Increased Volatility,
and the interaction of the price with this average remains one of the key factors to understand the Macro Trend of Bitcoin.
