Menu


200 Week Moving Average Heatmap

Chart Formula

Source: lookintobitcoin.com

Loading...
Access Indicator Alerts Share on Twitter Copy Link Make a Tip

Indicator Overview

In each of its major market cycles, Bitcoin's price historically bottoms out around the 200 week moving average.

This indicator uses a colour heatmap based on the % increases of that 200 week moving average.

Depending on the month-by-month % increase of the 200 week moving average, a colour is assigned to the price chart.

How It Can Be Used

The long term Bitcoin investor can monitor the monthly colour changes. Historically, when we see orange and red dots assigned to the price chart, this has been a good time to sell Bitcoin as the market overheats. Periods where the price dots are purple and close to the 200 week MA have historically been good times to buy.

Note: this is a slightly modified version of a concept created by @100trillionUSD. Use the link below to learn more about the original.

Created By
Plan B - @100trillionUSD

Date Created
January 2019

Fall Further Down The Rabbit Hole
@100trillionUSD on Twitter

Any information on this site is not to be considered as financial advice. Please review the Disclaimer section for more information.