Strategy’s Bitcoin Long-Term Support Indicator! 📰
Michael Saylor points to one of Bitcoin’s most reliable long-term indicators: the 200-week moving average. Since this benchmark became available, $BTC has traded above it 92% of the time. Today, price is sitting almost exactly on that level, a zone that has historically marked resilience rather than weakness.
For long-term investors, moments like these have often been about patience, not panic. Markets move in cycles, but Bitcoin’s structural trend has consistently respected this key support over time! 🫳
#Strategy #Macro Insights#
Michael Saylor points to one of Bitcoin’s most reliable long-term indicators: the 200-week moving average. Since this benchmark became available, $BTC has traded above it 92% of the time. Today, price is sitting almost exactly on that level, a zone that has historically marked resilience rather than weakness.
For long-term investors, moments like these have often been about patience, not panic. Markets move in cycles, but Bitcoin’s structural trend has consistently respected this key support over time! 🫳
#Strategy #Macro Insights#