200 week bitcoin average

200 week bitcoin average

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Bitcoin week moving average is 31k. When bitcoin price diverges from WMA, in accumulation (blue) and bull markets (orange/red). For the first time, Bitcoin's week moving average (WMA) has surged above $30,, indicating a significant shift in the baseline momentum. The week moving average heatmap is a visual tool based on Bitcoin price, used to display how Bitcoin price is performing relative to its week moving.
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What in the Blockchain is a Satoshi? The DMA is instrumental in identifying the long-term trend of Bitcoin. The week MA is often used by traders and investors to gauge the long-term health of an asset's price movement. When the price of Bitcoin is above the week MA, it is generally seen as a bullish sign, indicating that the long-term trend is positive. ETH Ethereum.