Bitcoin Trades Near Key 200-Week Moving Average Threshold
Michael Saylor highlighted that Bitcoin is trading at its 200-week moving average. Since this metric became available, Bitcoin has traded above it 92% of the time. The premium to this average is now being tracked on an external platform.
Saylor has previously warned about the importance of strong consensus and attention to fee structure in maintaining the network's integrity. He has expressed concerns that changes to the protocol could risk invalidating valid, fee-paying transactions over spam concerns.