Is Bitcoin near its long-term floor?
Bitcoin has almost never stayed below its 200-week average. How far above that floor it sits is a long-range cheap-or-expensive read.
This reads Bitcoin against its 200-week average — its price averaged over roughly the last four years, often treated as a long-term floor because Bitcoin has spent almost its entire history above it. Read more
- The long-term floor is still climbing — up +1.8% over the last four weeks.
- Price is sitting about 19% above that floor.
Bitcoin's price (light) riding above its 200-week floor (blue) over the years — the shaded gap is the cushion between them. Bitcoin has spent almost its whole history above this floor. Switch between weekly and monthly above the chart.
How fast the floor itself is climbing. It has stayed positive almost the entire time — the floor keeps rising — but the pace has eased as Bitcoin has matured.
If price drifts down toward the floor, it moves into the cheap zone that has marked Bitcoin's best long-term buying windows.
If price runs far above the floor, it stretches into the territory seen near past peaks.
Understanding 200-Week Moving Average Heatmap
The 200-Week Moving Average tracks Bitcoin's price averaged over roughly the last four years. It's remarkably steady, and Bitcoin has spent almost its entire history above it — the rare dips below didn't last long. That's why it's treated as a long-term floor.
This page reads two things: how far above that floor price currently sits (close to it has been cheap; far above has been stretched), and whether the floor itself is still rising. In Bitcoin's early years the floor climbed fast; as the network matures, its climb has slowed.
The classic version of this chart colours each week by how fast the floor is rising — a 'heatmap' of the floor's momentum. The takeaway is simple: a rising floor that price stays well above is a healthy, maturing market.