Bitcoin Realized Price Flips 200-WMA: What Happens Next?

The price of Bitcoin achieved above the moving average of assets has increased for 200 weeks (MA). Here is what can happen after that, according to date.

The price of Bitcoin Brice 200-WMA for the first time has exceeded this course

Analyst James Van Stratin also indicated in a new mail In X, Bitcoin achieved the price and 200 weekly MA has seen an intersection. The “achieved price” here refers to an indicator on the series, in short, tracking the basis for the cost of the ordinary investor or address on the BTC network.

When the value of this scale is higher than the immediate price, this means that their owners as a whole are in a state of no net profit. On the other hand, the matter under the value of BTC indicates that the ordinary investor is underwater.

MA 200 weeks, the other scale shared by the analyst, is a technical analysis pricing model (TA), which is the average BTC closure price over the past 200 week. For nearly four years, this indicator has been used to measure BTC trends over a four -year classic course.

Now, here is the graph that Van Stratin shares, which shows the trend at the price of the investigating bitcoin and 200 MA over the past decade:

As visible in the graph above, the price of the investigated bitcoin increased over the past year, which is a natural result of the instant price of BTC after the upward trend. With investors trading at higher prices, they also re -increase the cost of coins, thus raising the average market.

After the last increase in the index, its value increased over the Master of 200 weeks. The last time the first was higher than the latter in the previous session.

At that time, the intersection occurred in 2020, and the trend was preserved until 2022. It is interesting that the intersection of the intersection coincided with the beginning of the bull race in that session. In the 2017 session, no intersection has preceded the role of the bull as the price of the rights has never decreased under 200 weeks, but a re -test occurred, which sent the meter flying along with the immediate price.

“When you start the bullish direction, as well as the bull market,” the analyst notes. It remains now to see if there is something similar as happened in the past, with Bitcoin’s awareness, as the price saw a sustainable height over the Master of 200 weeks.

Talking about the upcoming signs, the founder of the Caproeol investments Charles Edwards It revealed that the institutional purchase represented 75 % of the Coinbase size recently.

Edwards noticed an interesting style related to this scale. “All readings that exceed 75 % have witnessed higher prices after one week,” the analyst explains.