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The 200-Week Moving Average (200WMA) is one of the most closely watched indicators in Bitcoin's history. It represents the average closing price of BTC over the past ~3.8 years (1,400 days).
Key Insight: Every time Bitcoin has touched or dipped below its 200WMA, it has historically been one of the best long-term buying opportunities.
The 200WMA reliably identifies major cycle bottoms, making it a favorite tool for long-term accumulators.