Bitcoin is currently below its 200 week moving average of US $67,500.
How rare is this?
Since January 3, 2009 when Bitcoin launched, 6,524 days have passed. $BTC has closed at or below its 200-week moving average on just 389 of those days or 6% of the time.
What happened if you bought on these days, at these levels?
A backtest of purchases on these dates, where $BTC closed at or below the 200 WMA average, found these average gains 1 and 2 years later:
✅ 1 yr later: +120.4%
✅ 2 yrs later: +433.7%
For a US $1,000 purchase of BTC, that translates into an average return of:
✅ US $2,204 after 1 yr
✅ US $5,337 after 2 yrs
Don’t overthink it. This is one of those rare opportunities.
How rare is this?
Since January 3, 2009 when Bitcoin launched, 6,524 days have passed. $BTC has closed at or below its 200-week moving average on just 389 of those days or 6% of the time.
What happened if you bought on these days, at these levels?
A backtest of purchases on these dates, where $BTC closed at or below the 200 WMA average, found these average gains 1 and 2 years later:
✅ 1 yr later: +120.4%
✅ 2 yrs later: +433.7%
For a US $1,000 purchase of BTC, that translates into an average return of:
✅ US $2,204 after 1 yr
✅ US $5,337 after 2 yrs
Don’t overthink it. This is one of those rare opportunities.
