Bitcoin's Unbroken Uptrend: How the 200W MA and 50W MA Signal Long-Term Trends
The 200-week moving average (200W MA) of Bitcoin has historically been a reliable indicator of the cryptocurrency's long-term trend. It has only ever gone up, making it unique among traditional assets like the S&P 500 and gold.
Since its inception, Bitcoin's 200W MA has marked the bear-market floor for the cryptocurrency. Major cycle lows have formed near this level in the past, including during the 2015, 2018, and 2020 crashes.
The 50-week moving average (50W MA), on the other hand, is a key confirmation indicator. A decisive weekly reclaim of this trend line would significantly strengthen the case that a new bull run has begun.