meaning
- 200-Week Moving Average (200W-SMA) The 200-week Simple Moving Average provides a tool to capture the baseline momentum of the classic four-year Bitcoin cycle.
- Annual Moving Average (365D-SMA)
The 365-day Simple Moving Average provides a long-term baseline for market momentum on the higher timeframes. - Long-term holder realized price Reflects the average on-chain acquisition price of coins outside of foreign exchange reserves that have not moved within the last 155 days. these are, Coins least likely to be spent on a given day.
quick take
- Bitcoin broke above $26,000, breaking multiple resistance levels along the way.
- The 200 WMA was $25,277.
- The 365 DMA was $24,448.
- Realized price for long-term holders is $21,958.
The post of Bitcoin breaking multiple key resistance levels on its way to $26,000 first appeared on CryptoSlate.
