What is a 200-day moving average?

A moving average is an average price for a certain asset over a specified period of time. One of the most popular MAs is the 200-day moving average. In order to calculate Bitcoin’s 200-day MA, one would have to take the closing prices of Bitcoin for the last 200 days and add them together. This number is then divided by 200.

What is a 200-week moving average heatmap?

The 200-week moving average heatmap is a visual tool based on Bitcoin price, used to display how Bitcoin price is performing relative to its 200-week moving average.

Can Bitcoin (BTC) stay above its 200-day moving average?

Bitcoin (BTC) traded above its 200-day simple moving average at 44,847 on Sunday, Aug. 8. The weekly chart for BTC has been positive since the week of Aug. 1. If Bitcoin can stay above its 200-day, its monthly risky level is 63,863. If not, the downside risk is to its semiannual and quarterly pivots at 35,643 and 32,803.

How to calculate bitcoin's 200-day Ma?

In order to calculate Bitcoin’s 200-day MA, one would have to take the closing prices of Bitcoin for the last 200 days and add them together. This number is then divided by 200. In order to continue to calculate the MA on a daily basis, one would only have to replace the oldest number with the most recent closing price.