View charts in Landscape for optimal mobile experience. For full functionality and best user experience view this website on laptop or desktop.'

Bitcoin: 200 Week Moving Average Heatmap

Your view of this chart is limited. For lower timeframes, critical chart features, and more frequent data updates subscribe here.
Loading...

Zoom in with touchscreen: Touch and hold with ONE finger then drag.

Zoom in on desktop: Left click and drag.

Reset: Double click.

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.

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

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.

Bitcoin Price Prediction Using This Tool

If you are looking to predict the price of Bitcoin or forecast where it may go in the future, the 200WMA heatmap can be a useful tool as it shows on a historical basis whether the current price is overextending (red dots) and may need to cool down. It can also show when Bitcoin price may be good value on a historical basis. This can be when the dots on the chart are purple or blue.

Over more than ten years, $BTC has spent very little time below the 200 week moving average (200WMA) which is also worth noting when thinking about price predictions for Bitcoin or a Bitcoin price forecast.

Created By

Plan B - @100trillionUSD

Date Created

January 2019

Fall Further Down The Rabbit Hole

@100trillionUSD on Twitter

Similar Live Charts That You May Find Useful

The 200WMA is a very simple tool that identifies when the price of $BTC is accelerating too fast, which can highlight unsustainable periods of FOMO (fear of missing out) in the market. This tool can therefore allow an investor to separate their emotions from the market emotions and manage risk appropriately. Other charts on this site such as the Fear & Greed Index or Puell Multiple are also effective tools for understanding when market participants are overly fearful or greedy.

You May Also Be Interested In

Bitcoin Investor Tool: 2-Year MA Multiplier screenshot
Bitcoin Investor Tool: 2-Year MA Multiplier

Long timeframe investor tool to identify under/oversold price periods

Bitcoin Rainbow Price Chart Indicator screenshot
Bitcoin Rainbow Price Chart Indicator

Uses color bands overlaid on a log growth curve to highlight market stages.

Bitcoin Cycle Master screenshot
Bitcoin Cycle Master

A combination of on-chain metrics including Coin Value Days Destroyed and Terminal Price.

Make smarter decisions about Bitcoin. Instantly.

Access the Bitcoin and Global Macro Charts that really drive Bitcoin’s price.

+40 chart alerts. Never miss critical levels on charts again.

Analysis newsletter. Manage your emotions at market extremes.

Private Tradingview indicators. See Bitcoin chart levels in real time!

Cancel anytime.

Learn More

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