wmaheatmap

$BTC | Bitcoin sits 18.3 percent above its AUD 200-week moving average, and crypto Twitter is calling the bounce a fresh top signal. On the desk we check rate of change before reacting to a headline. SatoshiMacro's 200-week MA heatmap reads the 4-week ROC of that average, not price, and today it is 1.91 percent, the blue "early recovery" band, nowhere near the red cycle-top zone above 10.71 percent (the fastest 5 percent of readings since 2016). The 2017 peak hit 28.6 percent on this measure. My read: it rules out blow-off tops better than it calls them, and it is not a standalone signal. It sits in the SatoshiMacro Model's Valuation tier at 25 percent weight.
https://satoshimacro.com/tools/crypto/cycle-indicators/bitcoin-200-week-ma-heatmap/?utm_source=binance_square&utm_medium=social&utm_campaign=autopilot_short-1
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