200-week moving average
Coverage of 200-week moving average in the Nexus archive.
- Analyst warns BTC could drop further after worst June since 2022
An analyst warned that Bitcoin (BTC) could experience further price declines after June's worst performance since 2022. The June close above realized price but below the 200-week moving average suggests the bear market's bottom is still ahead, according to historical cycles.
- Bitcoin’s Make-or-Break Moment: The 200-Week Floor Breaks
Bitcoin's price collapsed 17% to about $61,000, breaking below the 200-week moving average—a critical floor for Bitcoin cycles—marking only the third time this has occurred in its history. The move signals a potential turning point for the cryptocurrency's trajectory.
- 5th Worst Bitcoin Price Action Ever — I’m Buying At 99.8% Probability
Bitcoin's price is experiencing one of its worst performances historically, with multiple technical indicators like the Crosby Ratio Z-score, RSI, and 200-week moving average reaching extreme lows. The author views this as a high-probability accumulation opportunity, citing historical precedents where similar conditions led to significant buying chances.